Tuesday, March 01, 2011

Turkish Investor Constructing 1.7 Billion Birr Textile Factory

Addis Ababa, February 28, 2011 (Addis Ababa) - The construction of a textile factory is under construction in Dire Dawa Town by Turkish investors at a cost of 1.7 billion Birr, the Dire Dawa Administration said.

In a news conference she gave here on Monday, Mahder Berhanu, Representative of the Trade and Industry Bureau said the factory will have the capacity of producing 15,600 tons of wool cloth and 3.l7 million meters of garment.

Some 80 per cent of the factory's product will be exported to abroad which will enable to the nation to get hard currency.

The factory is constructed on 14 hectares of land provided by the administration.

The project is expected to create 800 new jobs.

E-3:35-3:55pm

E-5 minutes

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