Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in Dire Dawa Industrial Park (DDIP) in eastern Ethiopia, investing $220 million. A cornerstone-laying ceremony was held recently for the plant, which will take 30 months to build and is expected to employ 3,000. The Ethiopian Government is financing the construction of the industrial park. Fibre2Fashion News Desk – India

Source: Ethiopian News January 20, 2018 12:22 UTC