Chinese firm Wuxi No. 1 Cotton Mill will be setting up textile plant which will lie on 40 hectares of land inside Dire Dawa Industrial Park (DDIP), eastern city in Ethiopia with an investment of USD 220 million. Dire Dawa major’s office stated.
The cornerstone laying ceremony for the textile plant was held on Tuesday. The construction of the textile plant will take 30 months and is expected to employ 3,000 Ethiopians once commissioned.
The textile plant’s cornerstone laying ceremony was held in the presence of Liu Yu, economic and commercial counselor at the Chinese embassy in Ethiopia and Ibrahim Usman, mayor of Dire Dawa city administration.
The DDIP, currently being constructed by China Civil Engineering Construction Corporation (CCECC) at a cost of 159 million U.S. dollars on 159 hectares of land, is expected to attract industries specialized in textile, apparel, and agro-processing.
Ethiopian government is financing the construction of the industrial park which is expected to be commissioned later this year.
The Union Ministry of Textiles on Thursday signed MoUs with 15 States to create a strong operational framework for improving…
Heartland has announced the launch of a new textile business unit in India to increase the use of hemp fabric…
The Saudi Fashion Commission has announced the development of a bio-textile made from marine algae collected from the Red Sea…
The Council of Fashion Designers of America (CFDA) has announced two new initiatives aimed at strengthening fashion manufacturing in the…
The U.S. Cotton Trust Protocol has announced that Next Level Apparel, a supplier of blank apparel, has joined the program…
Harper Hygienics has launched Kindii Water Care, a new range of baby wipes developed to suit the needs of very…