Opportunities for Asian textile and apparel companies

According to the Valta Information Center, the Ethiopian Aviation Group has merged with the Ethiopian airport company EAE, the Ethiopian industrial park attracts foreign textile companies, the first revolving restaurant in the centre of Addis Abbes is open, and Ethiopia seeks new Asian markets. Horticulture exports, Ethiopia and the UK signed an energy agreement and access to clean energy.

Ethiopia is one of the largest automakers in Africa. However, Ethiopian cars rely on imports. Ethiopia imports various goods, cars and clothing through the port of Djibouti. Among the enterprises in the Ethiopian Oriental Industrial Park, there are Zhongyu Cement, Great Wall Packaging Materials, Yangfan Automobile, Oriental Spinning and Printing and Dyeing Company. Lifan Group created the Ethiopian automobile brand and sold the whole vehicle to the Ethiopian market through the assembly of parts.

Textiles and clothing is one of the few commodities of Ethiopia's industrial development strategy. Ethiopia's state-owned textile and garment enterprises are not efficient and labor costs are low. In Ethiopia's clothing procurement enterprises, the average wage of workers is only about 50 US dollars, far lower than Kenya, Bangladesh, Countries such as Vietnam. In Ethiopia, with a population of 100 million people, infrastructure development and trucking factors have made Ethiopia a potential to become a clothing procurement centre for the Middle East market.

Ethiopian cars and garments enter through the port of Djibouti, through Dere Dawa and Mieso, to reach the Arabes and Ababa areas. The Ethiopian market needs the import of European and American markets to promote the development of the textile and garment industry, from fiber fabric imports to garment manufacturing. , including the use of CAD board drawing, to meet market demand. Most of the production is still foreign, and Ethiopia is driving production by attracting retailers.

Since the 1990s, the global textile industry has spread to the Asian market. With the growth of textile and apparel costs, companies are looking for new business opportunities. East Africa is a potential investment destination, and global value chains provide opportunities for developing Chinese countries. Clothing production is no longer dominated by cheap labor, cutting and sewing operations are becoming more and more machine-oriented, and Ethiopia's textile industry is welcoming growth opportunities.

Through the establishment of manufacturing bases in industrial parks, Ethiopia established the first textile enterprise in 1939. In 2003, the Textile and Apparel Merchants Association was established. Ethiopia will also become the hub of the African textile and apparel market. Ethiopia's climate and soil environment are suitable for growing cotton and have larger cotton. Cultivate market potential. Ethiopia offers a cheaper supply of environmentally friendly water and electricity, with labor costs higher than the African average.

Asian companies and the Ethiopian market, Asian textile and garment companies and Ethiopian companies not only promote technical cooperation, promote the development of Ethiopia's textile and garment industry, but also contribute to the export of textiles and garments to Africa and the wider market in the Middle East. Ethiopia needs to introduce technology and raw materials. Asian textile and apparel companies may also welcome export opportunities in the Middle East market in Ethiopia.

Editor in charge: Xu Yuehua