One of the emerging apparel and textile manufacturing clusters in the world, Ethiopia has set up Adama Industrial Park in Oromia region for sectors like textile, apparel and food processing.
Prime Minister Abiy Ahme inaugurated the park which will create million of jobs. The PMO has reportedly said that the park is an important addition to a network of world class, sustainable eco-industrial parks in Ethiopia ready for plug and play investment.
According to the Ethiopian Investment Commission, these parks are set up for specific sectors such as textile and apparel, leather and leather products… The Adama Park joins others like the flagship Hawassa Industrial Park and the Bole Lemi Industrial Park.
The country will open more such parks including Dire Dawa, Mekelle, Kombolcha, Kilinto, Arerti, Bole Lemi II and Debre Berhan Industrial Parks.
The country is offering land and power at subsidised rates to lure foreign investors to set up their manufacturing base in Ethiopia. Indian textile majors such as Arvind Limited and Raymond already have plans in place to make the most of the facilities offered by the Ethiopian Government.
Bangladesh‘s DBL Group and other such international apparel and textile companies are investing in Ethiopia to minimise their production costs.