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Ethiopia aims to generate U.S. $30 billion dollars from textile sector by 2030


ADDIS ABABA Ethiopia (Xinhua) -- Ethiopia has a target to generate 30 billion U.S. dollars in foreign exchange earnings from the textile and garment sector by 2030, according to Bogale Feleke, Ethiopian Deputy Minister of Industry.

The deputy minister made the remarks while addressing a workshop organized to promote Ethiopia’s textile industry sector held in Ethiopia’s capital Addis Ababa on Monday.

“We intend to increase our area of cotton production. At present, only 20 percent of the three million hectares are used for cotton production while we aim to increase to around 80 percent,” local media FBC quoted Feleke as saying.

Noting his country’s commitment in developing 13 industrial parks in the near future, majority of them in the textile and apparel sector, Feleke revealed that Ethiopia intends to have close to 150 textile and garment companies by the year 2020.

The east African country is on the constant effort to increase its cotton production, Feleke told workshop participants gathered from the Ethiopian Investment Promotion and International Trade Centre.

Ethiopia has nearly 175 textile units and it is increasing the investment scope with the provision of energy supply, trained work-force and other necessities at an affordable price, according to Feleke.

According to the World Investment Report’s 2016 edition, the east African country is the second largest in attracting Foreign Direct Investment (FDI) in the textile industry sector, next to Vietnam.

With a workforce of more than 47 million and a burgeoning younger generation, Africa’s second most populous country is striving hard to generate employment opportunities, in which the textile and garment industry sector is said to be at the forefront.



Ethiopian plans development belt along Ethiopia-Djibouti railway: minister

ADDIS ABABA Ethiopia (Xinhua) -- Ethiopia aims to build along the Ethio-Djibouti electrified railway a development belt attracting investment, particularly in the manufacturing sector, said Ethiopia’s transport minister on Saturday.

Speaking to Xinhua, Ahmed Shide, Minister of Ethiopia’s Ministry of Transport, said the under-construction Dire Dawa and Adama Industrial parks, as well as the planned Ayisha Industrial Park, which lie on the path of the rail line in particular, are the focus of the development belt.

Dire Dawa and Adama Industrial Parks, 446 km and 99 km East of Ethiopia’s capital Addis Ababa, are both being built by China Civil Engineering Construction Company (CCECC).

Dire Dawa Industrial Park is being built at a cost 190 million U.S. dollars while Adama Industrial Park is being built at a cost 125 million dollars.

“The Industrial parks lying on the path of Ethio-Djibouti railway line will be a game changer for both countries and in general for the region, enhancing economic transformation in the region and helping in ease of transportation of goods,” said Shide.

“The railway will not only be a transportation line but also be a development corridor facilitating investment particularly in manufacturing sector,” he added.

The Ethio-Djibouti rail line spanning 756 km connecting landlocked Ethiopia to Djibouti is expected to start commercial operations in October, according to Shide.

The electrified rail line is expected to cut transportation time needed for goods to reach Djibouti port from the Ethiopian hinterland from at least two days to 10 hours.

The rail line will also provide a passenger service, with an average speed of 120 km per hour and a single coach holding 118 passengers at a time.

“The Ethio-Djibouti rail line in the future is envisioned to be part of a larger rail network connecting other parts of Africa through neighboring South Sudan and Sudan,” said Shide.


Ethiopia to establish aviation holding group to promote quality global service

ADDIS ABABA Ethiopia (Xinhua) -- The Ethiopian government has decided to establish a new Aviation Holding Group with various diversified aviation strategic business units, Ethiopian Airlines announced on Saturday.

“The Ethiopian Government has decided to establish a new Aviation Holding Group with various diversified aviation strategic business units: Ethiopian Airports Enterprises, Passenger Airline, Cargo Airline and Logistics Company, Ethiopian Aviation Academy, Ethiopian In-flight Catering Services, Ethiopian MRO Services, Ethiopian Hotel and Tourism Services,” state news agency ENA quoted Ethiopian Airlines as saying.

The new Group Structure will allow all the fully owned companies to pursue shared long-term vision and common planning platform while they provide high quality global standard services to their mutual customers, it was indicated.

Ethiopian Airports Enterprise has joined the new Aviation Group in a bid to leverage the strong synergy among the group member companies, it was noted.

The report, however, indicated that the Ethiopian Airports Company will maintain its internal autonomy, its own brand, and its functions playing an important and central role to integrate the services of all stakeholders such as airlines, immigration services, customs, security services, ground handlers and others.

According to the report, passenger satisfaction is the main focus of all service providers, noting that “the ultimate aim is to upgrade the customer experience at the airport to meet global standard and thereby making Addis Ababa airport the best connecting hub in Africa.”

Tewolde GebreMariam, Ethiopian Airlines Group CEO, also lauded the move saying that it is “an important decision in paving the way for the formation of the Ethiopian Aviation Group as a holding company in line with international best practices which will enable to transform all airports in Ethiopia.”

Ethiopian airline flies to more than 100 international passenger and cargo destinations across five continents.


Ethiopia aims to have strategic cooperation with China on aviation sector: minister

ADDIS ABABA Ethiopia (Xinhua) -- Ethiopia aims to have strategic cooperation with China on the aviation sector as the East African nation works to be an African aviation hub, said Ethiopia’s transport minister on Saturday.

Speaking to Xinhua, Ahmed Shide, minister of Ethiopia’s Ministry of Transport, says Ethiopia and China have air infrastructure as a major pillar of the two countries’ cooperation.

“Aviation is an important area of cooperation by both governments, with Ethiopia’s national air carrier Ethiopian Airlines becoming a connecting force between African and China,” says Shide.

Ethiopian Airlines already has five flight destinations to China ,they are Beijing, Shanghai, Chengdu, Hong Kong and Guangzhou.

“We plan to make Ethiopia’s capital Addis Ababa a strategic aviation hub between China and Africa,” says Shide, adding that with China working on being an airplane manufacturing center, he expects Ethiopia to be a customer of fully developed Chinese airplanes in the future.

Ethiopia’s aim to be an African aviation hub connecting the continent to the world’s most populous in the world is also where Ethiopia’s aviation dreams intersect with China’s capital and expertise.

Expansion work on Ethiopia’s largest airport the Addis Ababa Bole International Airport, funded by a 345 million US dollars loan from China’s Exim bank is being undertaken by China Communications Construction Company Limited (CCCC).

The project, lying on 74,000 square meters of land, plans to increase the airport’s annual passenger handling capacity from the current 7 million to 22 million.

However, Shide says Ethiopia expects Chinese cooperation in Ethiopia’s aviation sector to only grow with plans by Ethiopia to build a mega airport outside of Addis Ababa to meet its aviation ambitions.

“The planned mega airport which is expected to cost 3 billion U.S. dollars will be able to service up to 100 million passengers annually,” Hailu Lemu Chief Engineer of Ethiopian Airports Enterprise (EAE) told Xinhua early this month.

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