JAPAN’S ITOCHU CORP CONFIRMS LONG-TERM SUPPORT FOR ETHIOPIA TEXTILE SECTOR
September 1st, 2019
Japan’s Itochu Corporation has signed an agreement with the Ethiopian Textile Industry Development Institute and the Ethiopian Investment Commission to further develop the Horn of Africa nation’s growing textile industry.
The Tokyo-based company declined to comment on the scale of the financial investment in the project but did confirm that it is part of the firm’s global expansion plans.
The company intends to actively help improve the quality of textile products made in Ethiopia and increase local manufacturers’ productivity.
“We will send ...
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