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Chinese firm to build 220 mln USD textile plant in Ethiopia

Chinese firm to build 220 mln USD textile plant in Ethiopia

A cornerstone laying ceremony was held on Tuesday in Ethiopia’s eastern city, Dire Dawa for a textile plant that will be built with an investment of 220 million U.S. dollars.

Dire Dawa mayor’s office said Chinese firm Wuxi No. 1 Cotton Mill will build the textile plant which will lie on 40 hectares of land.

The construction of the textile plant will take 30 months and is expected to employ 3,000 Ethiopians once commissioned. –Xinhua/

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