News
Manufacturing
Turkish company to build 25mln birr textile factory in Ethiopia
Nepsa Textiles Plc, a subsidiary of one of the biggest textile companies in Turkey, is set to open a factory here with an initial investment capital of 25 million birr, it was learnt.
The company has already received a 7.5 hectare plot of land in Sebeta, Oromia zone, from the regional government, according to Mohammed Ibrahim, vice commissioner of the Oromia Investment Commission.
Source: nazret.com
From the Egytex news archive, first published on 24 May 2009. Figures and names are as reported at the time.