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Chinese textile company backs Ethiopia’s export & jobs

Chinese textile production firm Antex Group has won praise from among Ethiopians as the east African country moves to strengthen its export sector.

Antex on Sunday officially started the production of export-oriented textile items inside the premises of the Chinese-built Adama Industrial Park, some 100 km south of the Ethiopian capital, Addis Ababa.

The company, which was established with an initial investment of 10 million U.S. dollars, also received widespread acclaim from Ethiopian government officials and local community members for creating about 1,500 jobs.

The group’s textile products exported from Ethiopia include sportswear, lingerie and casual wear.

Antex’s plant inside the Adama Industrial Park, the firm’s first production line in Africa, is expected to generate an estimated 110,000 dollars from the export of its first batch of products, Group Chairman Qian Anhua told Xinhua on Sunday.

“We expect to generate close to 50 million dollars from the export of our products to the international market next year,” Qian said.

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