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Italian garment manufacturer Calzedonia set to make investment in Ethiopia

Related Keywords: ample investment opportunity, Calzedonia, huge potential for textile industry, investment in Ethiopia, Italian garment manufacturer, production of night wear

Calzedonia, an Italian garment manufacturer plans to make investments in Ethiopia as it sees ample investment opportunities and huge potential for textile industry and other.

Calzedonia’s president Sandro Veronesi during his visit to Ethiopia held a meeting with the delegates of the manufacturer State Minister for Foreign Affairs, Dawano Kedir which was fruitful as they have been able to identify the advantages and conditions prevailing in the country.

BDL Group, Bangladeshi Company to come up with textile and garment factory in Ethiopia

Related Keywords: Bangladeshi company, BDL Group, benefit farmers, business opportunity, create jobs, investment in Ethiopia, manufacturing sector, Mekele town, raw material, textile and garment factory

BDL Group, a Bangladesh-based company, has decided to make investment in Ethiopia as there are great business and investment opportunities in the country. BDL group will be constructing a textile and garment factory in Mekele town of Ethiopia which will involve an investment to the tune of over 765 million Birr.

The Group has entered into an agreement with the town administration and received 68 hectares of land for the construction of the factory.

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