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June 22, 2024
Local News

Calzedonia Italian apparel manufacturer opened factory in Mekelle, Ethiopia

Calzedonia Italian fashion apparel manufacturer opened factory today in Mekelle, northern Ethiopia, which is said to be its first business venture in Africa.

The location of the factory has proximity to Eritrea’s Massawa port and is expected to contribute to regional economic growth, says the report by Ethiopian Broadcasting Corporation (EBC).

Mekelle Industrial Park which was constructed at a cost of $100 million dollars and inaugurated in 2017 is housing the factory. In terms of job creation, the factory opened employment opportunity to as many as 1000 people and it is currently exporting 22 million Ethiopian birr worth of products every month, according to a statement by Fana Broadcasting Corporation.

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