ETHIOPIA KNITWEAR SECTOR GROWS FAST – SEEKING EXPORT SALES AND FOREIGN INVESTMENT
March 1st, 2013
IN recent years Ethiopia's knitwear industry has experienced a boom. As well as several major companies, including Primark, Tesco, and H&M now sourcing knitwear from Ethiopia, some Asia-based factory owners have moved production to Ethiopia, and various domestically-owned plants are developing.According to the Ethiopian government’s Growth and Transformation Plan the export value of the country’s knitwear industry is expected to increase from USD200 million in 2012, to USD445 million in 2014.At the moment there are 10 major knitwear specific factories in ...
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