Africa International Manufactring Expo 2018

ETHIOPIAN INDUSTRY INFO
(HOST COUNTRY)

Ethiopia - African fastest growing economy, the Tiger economy of the East Africa and one of the World fastest growing economy!

Ethiopia is the oldest independent country and the second largest market in Africa, with a population of nearly 100 million (50% of youth labor force).
Ethiopia is the “Capital of Africa”, being the African base for many international organizations including; African Union and United Nation Economic Commission for Africa.
Ethiopia is founder member of the African Union, the United Nation and Africa's largest regional trade union “The Common Market for Eastern and Southern Africa” (COMESA), comprising 19 member countries and over 400 million people.
The United States' AGOA and the EU's EBA unilaterally grant Ethiopian products that conform to the origin criterion exemption from customs duty and quota restriction to access to the U. S. and EU markets.
Ethiopia have access to geographic proximities to the rest of the world, with Strategic locations including; Africa, US, Europe, Middle East & Asia.
Ethiopia is Africa's fastest growing economy and one of the fastest growing economy in the entire planet.
Ethiopian export sector is growing by 13% every year, and manufacturing sector is growing 25% every year and GDP is growing by 11% every year. The Manufacturing industry will rise to 40 percent of total export earnings by 2025.
Ethiopian government is building new industrial mega-zones, with a budget of 10 billion, that have successfully attracted some foreign investors.
Ethiopia is feverishly working on becoming the world's newest hub for manufacturing and has good chances, by 2025 Ethiopia designed to be the leading manufacturing hub in Africa.

BIG NAMES-WHO JOINED ETHIOPIAN MANUFACTURING INDUSTRY

American clothing company Phillips-Van Heusen Corp, which owns the Tommy Hilfiger and Calvin Klein(CK) brands, is considering using suppliers at an industrial park in Hawassa, south of Addis Ababa.

Walmart & Tesco, two of the world's largest retailers also started sourcing clothes from Ethiopia.

Hennes & Mauritz AB (H&M), a multinational Europe’s second-largest clothing retailer, already sources from three factories in Ethiopia.

Primark, an Ireland-based clothing company, source a lot of material from Ethiopia.

Huajian, a Chinese shoemaker has built the biggest shoe manufacturing plants in sub-Saharan Africa (exporting to U.S. within three months of starting, and creating 4000 jobs in two years).

American clothing company Vanity Fair corporation is also on the way to start sourcing from Ethiopia.

Buffalo Bicycles, an afilliate of SRAM, the world’s second-largest cycle-components maker, based in Chicago, is aiming to invest in Ethiopia.

Shin Textile Solutions Company of South Korea moved into the existing factory park, employing 3,000 people.

Dr. Arkebe Oqubay, Special Adviser to the Prime Minister of Ethiopia

H.E. Ato Haile Mariyam Desalgn
F.D.R.E Prime Minister

“We are intent on attracting more FDI, based on our comparatives advantage, which is focused on a labour intensive light manufacturing.”

Dr. Arkebe Oqubay,
Special Adviser to the Prime Minister of Ethiopia

“Ethiopia is targeting US$1 billion of annual investment in industrial parks over the next decade to boost exports and make the country one of Africa’s top manufacturer, In terms of industrial development and manufacturing development, we want to put Ethiopia number one in Africa.”

H.E. AtoTadesse Haile,
Deputy minister, Ethiopian Ministry of Industry

“The government wants manufacturing to have a "dominant role" in the economy over the next decade.”

ETHIOPIAN INDUSTRY INFO(HOST COUNTRY)

BIG NAMES-WHO JOINED ETHIOPIAN MANUFACTURING INDUSTRY

ETHIOPIAN INDUSTRY INFO
(HOST COUNTRY)