NEGOTIATIONS APPROACHING END GAME FOR MAJOR TURKEY TEXTILE INVESTMENT IN ETHIOPIA
May 10th, 2014
Final negotiations are under way to secure f a planned investment by Turkish textile manufacturer Akber to construct the biggest textile plant in Ethiopia so far.A spokesperson at Ethiopia’s Textile Industry Development Institute (TIDI) confirmed to just-style that talks with Akber are taking place but stressed that a final agreement is yet to be signed, and that further details will be released soon. “The investment is being prepared but has not yet been finalised,” the TIDI spokesperson said, not wanting to comment further. Also, the Istanbul Textile and ...
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