Ethiopian and is offering free land as a government delegation has extended an invite to Tirupur-based garment producers to set up an apparel manufacturing facilities in Ethiopia. The investors of Ethiopian would get the benefit of preferential tariff benefits of zero import duty, when exporting clothing to markets of the US and EU.

Tadesse Haile, state minister for exports and investment feels Ethiopia is an ideal investment destination for Tirupur-based apparel exporters as exports from Ethiopia to the US and EU and would not attract duty as against shipping from India. Already one unit from Tirupur had set up facilities in Ethiopia and another is in the process of starting production.

The minister further added because there are abundant skilled labor in the country, investors definitely benefit from the world’s lowest energy rates. In order to speed up exports, the country is located in the horn of Africa has recently started a high speed train between Addis Abba, and Djibouti port, which is well connected to several major importing countries.