ETHIOPIA: a growing textile hub ideal for the excellence of Made in Italy textile machinery
Source: Africa e Affari
There is also a considerable representation of the Italian textile machinery industry at the multi-sector trade fair Addis Chamber International Trade Fair (Acitf), which began yesterday in Addis Ababa and which will continue until March 1, 2017.
Ethiopia is one of the emerging manufacturing hubs for the textile and garment world. Cheap labor, free trade agreements with major Western markets, an economy in constant development, all these factors have made the sub-Saharan Africa country a preferred destination for the production of clothing by major retailers in the sector.
Given the necessary technological improvements required, the demand for textile machinery is growing accordingly, supported by incentive programs to attract foreign capital put in place by government authorities.
For this reason, at the 21st edition of the multi-sector Acitf fair, in the Italian pavilion organized by ICE-agency, there are many Italian textile machinery manufacturers convened by Acimit, the Association of textile machinery manufacturers, including Carù, Corino, Fadis, Ferraro, Itema, Marzoli, Mei, Reggiani, Roj, Salvadè, Savio, Sicam, Simet.
The large representation of Acimit members shows better than any other fact the interest and confidence that companies are placing in the sector and in Ethiopia’s ability to develop its own industry in the near future. “Our exports have grown significantly over the last five years, although their value is still modest (4.4 million euro in 2015),” said, confirming the interest in the Ethiopian market, the President of Acimit, Mrs. Raffaella Carabelli.
In the first nine months of 2016 Italy is third, behind China and Turkey, for sales of textile machinery in the Ethiopian market. Mrs. Carabelli continued: “The quality of our machines is most certainly much higher than that of competitors currently operating in this market. We aim to raise awareness of the quality of our technology through occasions such as Acitf, but also through institutional missions carried out in the past years thanks to the support of Mise and ICE-Agency (nb: Italian trade agency and Ministry of Economic Development.”
To further strengthen the Italian presence in Ethiopia, in 2015 Acimit and the Ethiopian Textile Industry Development Institute jointly signed a memorandum for the establishment of a textile machinery technology training center in order to help train future local textile operators. Acimit represents an industrial sector comprising roughly 300 companies (employing about 12,000 people), which produces machinery for an overall value of about 2.6 billion euro, of which 86% is exported. Creativity, sustainable technology, reliability and quality are the characteristics that have made Italian machinery products renowned as world-class leaders.