Calzedonia Italian fashion apparel manufacturer opened factory today in Mekelle, northern Ethiopia, which is said to be its first business venture in Africa.
The location of the factory has proximity to Eritrea’s Massawa port and is expected to contribute to regional economic growth, says the report by Ethiopian Broadcasting Corporation (EBC).
Mekelle Industrial Park which was constructed at a cost of $100 million dollars and inaugurated in 2017 is housing the factory. In terms of job creation, the factory opened employment opportunity to as many as 1000 people and it is currently exporting 22 million Ethiopian birr worth of products every month, according to a statement by Fana Broadcasting Corporation.
Chief of Staff in the office of the prime minister tweeted today that Prime Minster congratulated the management and team.
Calzedonia, one of Italy’s biggest apparel manufacturer, inaugurated its first #Africa factory in #Mekele. Given the logistical proximity to #Massawa, the investment will strengthen the regional economy. PM Abiy congratulates the Calzedonia’s team. #Ethiopia #Eritrea. pic.twitter.com/oX9Mn8xCr0
— Fitsum Arega (@fitsumaregaa) October 19, 2018
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