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US firm invests in Ethiopia

Trybus will set up a manufacturing center in Ethiopia. It will make a substantial financial investment to equip the manufacturing facility with state of the art garment technology. Trybus will also bring its technical and tailoring expertise by providing staffing and staff training in the facility.

Trybus is an American men’s wear clothing company. It will create employment for more than 1000 Ethiopians during the first phase of operation. The company aims to hire more than 3000 workers when operations are in full swing.

The Ethiopian textile sector is attracting top international firms amid the nation’s bid to industrialize. The sector is expected to facilitate technology transfer and capacity development through training and experience sharing.

Ethiopia has launched a strategy to make the most of its potential in the textile sector. The industry has advantages like power abundance and a growing human and material capital. It is witnessing rapid growth as a number of domestic and multinational firms are engaged in production of textiles, garments and apparel for domestic and global markets.

The country has Africa's largest industrial park. This flagship industrial park is capable of hosting gigantic multinational firms. It has a state-of-the-art waste treatment plant, the first of its kind in Africa.

 
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