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H&M plans to enter Ethiopian textile industry

Related Keywords: global Swedish clothing manufacturing company, growing manufacturing sector, H&M, increase its economic ties with Ethiopia, keen interest to enter, lot of Swedish companies, Swedish Ambassador Jan Sadek, textile industry in Ethiopia

A lot of Swedish companies including the global Swedish clothing manufacturing company H&M has keen interest to enter the growing manufacturing sector, textile industry in Ethiopia, said the outgoing Swedish Ambassador Jan Sadek.

Sweden also seeks to increase its economic ties with Ethiopia.

This hopefully will be important in terms of raising hard currency, catalyzing the industrial development of Ethiopia and in creating massive jobs. These opportunities further enhance the two countries economic cooperation, according to the Ambassador.

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