Ethiopia: Try­bus Group to set up gar­ment man­u­fac­tur­ing unit

Stitch World - - NEWS TRACK -

Try­bus Group, one of the prom­i­nent menswear firms in Texas, US, is all set to start a gar­ment man­u­fac­tur­ing unit in Ethiopia. A Mem­o­ran­dum of Un­der­stand­ing ( MoU) was re­cently signed be­tween the com­pany and the Ethiopian In­vest­ment Com­mis­sion

( EIC) with the ob­jec­tive of es­tab­lish­ing a man­u­fac­tur­ing fa­cil­ity at the newly opened Kom­bolcha In­dus­trial Park.

The sig­na­to­ries of the MoU were Fisum Arega, Com­mis­sioner of EIC and Lixun Wang, Vice Pres­i­dent and Di­rec­tor Gen­eral of Try­bus Group.

The MoU states that the Group will take up a space spread over 5,500 square me­tres to set up the gar­ment man­u­fac­tur­ing fa­cil­ity. The Try­bus unit is ex­pected to cre­ate jobs for 1,500 Ethiopi­ans once op­er­a­tional.

“With this new fac­tory, we are now com­mit­ted to im­prov­ing the lives of peo­ple of Ethiopia. New job op­por­tu­ni­ties will help make their lives bet­ter,” averred Gary Try­bus, Co-founder and Pres­i­dent of Try­bus Group.

The In­dus­trial Park in the city of Kom­bolcha, the US $ 90 mil­lion zone, has been lur­ing sev­eral ap­parel en­ter­prises from coun­tries like USA, Italy and South Korea be­cause of its prox­im­ity to the Port of Dji­bouti. This, cou­pled with other ben­e­fits that Ethiopia pro­vides, pro­pelled Try­bus to es­tab­lish a fa­cil­ity there.

Try­bus is known for pro­duc­ing renowned brands like Steve Har­vey, Q by Flynt and Ibiza.

The new unit will cre­ate job op­por­tu­ni­ties for 1500 Ethiopi­ans

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