Ethopia’s Garment Industry Experiencing Growth
The Ethiopian textile and garment sector is rapidly expanding and playing a key role in boosting the country’s light industry and in transforming the economy, according to the country’s ministry of industry. The number of industries in this sector has more than doubled in the last few years to reach over 200, a top ministry official said recently. Government statistics show Ethiopia’s textile and apparel industry has grown at an average rate of 51% and more than 65 textile investment projects have been licensed for foreign investors in the last five to six years. The country now has a 15 year road-map to strategize cotton development by raising productivity and directing how the sector can be assisted and facilitated.