|« New rail project in Ethiopia evoke memories of glory days||World Bank Sees Ethiopia GDP Grow at 7 Percent for Medium Term »|
Ethiopia - next stop for textile industry?
Swedish clothing retailer H&M wants to set up shop in Ethiopia, since production costs there are cheaper than in the Far East. Other clothing manufacturers are hesitating. Could Ethiopia become the next Bangladesh?
Ethiopia's economy just keeps growing - since 2007 at times with double-digit leaps and bounds. "The Economist" projects that the country will experience annual growth of 7 to 8 percent through 2016.
Ethiopia's government is apparently placing special emphasis on the textile industry - by 2016, the country aims to export more than a billion dollars worth of apparel. Factories established by the likes of H&M are more than welcome.
According to a supplier, the Swedish chain wants to produce more than a million items of clothing per month in the East African nation. A company spokesperson confirmed that test runs have already been ordered from Ethiopian producers.
Cheaper than China
Many producers have in the past relocated production to countries that offered cheap labor, like Bangladesh or China. But in such countries, social standards have risen along with wages - while the world seems to be examining production conditions increasingly critically. So producers have started considering new options for cheap labor.
The Best Cotton in world is grown on the banks of the Nile whether it is in Sudan, Egypt or Ethiopia.
As long as a decent Labor standard is maintained and workers are treated humanely, not the same way as the sweat shop workers in Bangladesh, I am for it.
But there had to be some independent organizations in the country which is mandated to protect Labor and environment in Ethiopia. As it is now the Bureaucrats in government do not care for the welfare of the labor or the environment.
Look what the foreign flower growers did to Koka Lake.
Progress should not come on the expense of destroying the environment to the point of no return
You cannot compare Bangladesh with Ethiopia. There are huge historical, cultural, geographical and practical differences between them. 100% Bangeladesh citizens are practising the Arabs religion.
Ethiopia is in Africa and is the head quarter of the African issues in Africa and internationally including issues with UN. Ethiopia is ancient and the only independent nation in Africa where modern Ethiopian territory is from the 1850 even before modern Germany (1877), Spain and many more central and eastern European nations including Austria, Hungary, Poland, Romania and so on. Norway, Ireland and the likes are created after the WWI. Bangladesh is became an independent nation since 1975 and never ever had been a nationhood before.
Ethiopians are by far the most ancient, respectful, trustworthy, confident, warm, inclusive and easy to be around them. On the other hand Bangladesh is still suffering from the very complicated and uneasy types of culture, tradition, customs where foreigners find very difficult to deal with. Islam is also playing its nasty roles we know how it is making its followers worldwide.
Ethiopia is in Africa where 365 days sunshine and thanks to the highland lots of rain and fertile soil with the best weather. Ethiopia is more than 4/5 times Bangladesh where Bangladesh population is more than 2x of Ethiopia. Bangladesh is badly affected by the weather including flood or heat while more than half of its territory is below the sea level that will be taken by the sea if things are not getting better with the earth atmosphere.
Other big difference between them when it comes including with textile is that In Africa Ethiopia can be the textile centre of Africa where the rest of Africa is the best place to produce quality and quantity cottons. More than one billion Africans will be the best clothing customers in the future as the development in the continent is improving every day. But Bangladesh is surrounded by big cotton farming and cloth producing nations like India, Pakistan, Burma, Thailand, Vietnam, China and the likes.
So, the future of the textile factory is Africa and will be for many years to come knowing it is the centre of the earth and the best climate and opportunity to cultivate quality cottons. Ethiopia as she owns 82% the African Highland is the best place to live and make the living. If the English and some bad American citizens stop intentionally damaging the Ethiopian image( but they cannot do it anymore because of Ethiopians are representing Ethiopia with realities not talk and lies as the western media is doing to affect her), the governments stop any interference in the Ethiopian internal matters including in the name of democracy knowing how democracy works in Egypt with their blessing, some bad western NGOs that are interfering in the nation matters leave Ethiopia and instead be good friends and allies, all Europeans and at that matter white people will feel at home in Ethiopia than any nation in Africa. Ethiopians has no reason to blame them with slavery, colonization or other issues including referring religion especially that is born in the hell look like desert and is badly affecting the whole world every since.
But they need to stop all the negative and bad things they are up to when it comes to Ethiopia. They need to treat Ethiopia with respect and special ways knowing there are many natural as well as human made common issues to bring them, be good friends and benefit together. As long as the bad English are not around, it is and will be Always okay. But the English are teaching them how to be nasty against us and poison the whole issues that would benefit both sides if they behave the way we want them to be. USA citizens are the best especially the new generation and the USA policy is also getting better towards Ethiopia.
However, only the few criminals from the top are the reason while the vast majority have no idea the western Medias and the bad individuals’ criminal activities including lies or are unable to stop them, until now. In the future things will be better and the bright future is clearly to see ahead.
Maybe the next stop but already being the Heaven for Industrial Groups of Sheap Manpowers .H&M shall certainly deal with Chinese ,Turkish and Arabs enterprenors; of course EFFORT and Tigre Mafiosis will share some interests .And once again for the majority of the Ethiopian Peoples OPPRESSION and DESTRUCTION OF ITS ENVIRNMENT.
R.I.P. DIASPORA OPPOSITION!
@teddy you are the most self destructed person ever on the net. Why are you making you life so miserable by wishing Ethiopia all the worst thing to happen? hahah you are the next to evil.. you need a priest to heal you from your misery.. Yeker yebeleh.. by the way congra!!! nazret.com is unblocked in Ethiopia
I dont know what you all think, but TEDDY reminds me a full bely Ahya/Adgi that howls loud and disturbs the whole neighborhood…LOL. And yet, he foolishly thought of himself as patriot. He must have no idia what the diferemce between howling ADGI and patriots….LOL. If nazret conducts a survey about what people thinks about this foolish, I’m sure most of the aoudince would agree with me that TEDDY has a similar behavior like a full bely ADGI/AHYA…LOL. Nothing personal, but truth must be told.
God bless the world!
Cheaper than Asia. In deed Ethiopia is with less than 400 USD percapita income it is the cheapest country one can find. encourage the Private Sector as the World Bank recommended. Phase out Effort & co. They have looted enough for the junta. Politics must also be transformed with majority leadership that is joint leadership by Oromos and Amharas with ethnic federalism being the central agenda. We can not reverse back the political gear and bring back feudal Ethiopia.
Ethiopia can not beat Bangladesh!!!!
There is cultural differences, sub Indian continent are easy to bribe do things far cheaper in a very bad work environment, in Bangladesh most of textile industry are small employing 20 to 100 people run by agents allover slums, no adequate toilets, electric wires hanging everywhere, no health and safety supervision until recently a lot of people died in collapsed buildings. The big corporates such as Walmart, Gap, etc turned blind eye until recently international media focused on terrible work condition those workers going through and paid peanut wage. Bangladesh has easy access to shipping ports unlike Ethiopia. All of the above makes Bangladesh attractive to investors large profit margins.
I don’t know what you been drinking lately, but our country Ethiopia is in the bottom of the list in every aspect of world economy.
How about this for starters?
According to the latest statistics, Our GDP is $480 a year.compare that with $800 for Bangladesh. We even have lower GDP than our neighbors. Even lower than Eritrea or Djibouti!!! We are in bad shape when we are only ahead of state less Somalia. It’s all public go check it out.
You know why companies skip Bangladesh to come to Ethiopia? No not because of religion or culture. That is because we are cheaper than Bangladesh. They pretty much pay peanuts for our labor force and get away with it.
So Bozo whether you worship Arab religion, European religion, Egyptian ARAB COPTIC religion, the main point here is, where is the beef? Where is the 11% growth we talk day and night if does not put us in equal footing with Arid Djibouti? If does not put food on our table, roof on our head.
Talk all you want all day. The best country, the greatest nation on earth, 13 months of sun shine, 6000 years of history, God’s chosen people, 99.6% majority run government. That does not translate into food if we got nothing to eat.
Instead, we got a government which feed its people lies.
Berthihu ,advocating the looting
of the country ,and its peoples being oppressed by Foreigners is
not really an act of “PATRIOTISM”
but a “SUBMISSION” accepting willingly “SLAVERY” .As did by the past times , your own Banda parents and gran Parents for the sake of the Invadors .And specially your dead master and his friends for their SHABI BOSS …LOL !!!!
Copts in Egypt, the original black Copts were in Egypt way before the Arabs and the Balkans (Alexander) invaded Egypt and completely changed their History. Much like the Arab Dikala Pashtuns in Afghanistan that are killing children and women in the name of their Un-Godly God.
Copts later embraced the Christian Religion. They are the ones that know more about the Pyramids etc. All the Pharaohs mummies that are in the Museum in Cairo are Black. I have seen them.
TEDDY the foolish…LOL.
Barking like mad dog or howling like well rested full bely ADGI/AHYA is not a normal beheavior by any measur, let alone you will perceived as patriot. However, you will never get it, because you have an ADGI’s brain capacity. All you know, is MEMBLAT NA MEMFSAT new… Unles Birhanu Nega released you from your leach and takes somewhere, you have been so annoying….LOL.
God bless the world!
yesew rikash, yesew atela,
ere bakih guzoh wedet new??? beka ante bemot new yemetlewetew?? your hate contaminated brain is destroying you alive. Look, even your extremist and terror loving ignorant buddy Ahmed Gragn is settling and counting twice before spitting his usual trash. What is wrong with you?? look, you are crawling in the hate drainage while the true Ethiopians are working day and night to win the century’s enemy, poverty, and they are half way there. What the heck are you thinking you are doing?? trust me, even if you are a muslim terrorist sympathizer, you better give up wasting your time, the false religion islam is on the verge of destruction more than ever before. Daru kentu angolih bewir tilacha tebekilewal.
Man, shame on you
Betbethu ,keep on barking ,you are no more than a Toothless SHIWAWA or a dying HYENA .KEFFO RAS , KILIB KEBT BANDA !!!!!By the way ADGI is even a Honorable Title that an Agazi Ass Hole and Village Idiot like you and your Thuggy bros do not deserved…LOL!!!! BANDA YE BANDA ZER BANDA !!!!!! By the way don’t you know that H&M is a Swedish Company ,the land of your two Foe Enemies Johan Persson and Martin Schibbye …LOL !!! MONKEY FACE MORON BANDA !!!!!!
Y. Abai do you mean True Ethiopians ,the bandits and Mafiosis looting and bleeding the country while the peoples are Starving .Better you Watch this Link before opening your stinky mouth to insult those who will never give up the Fights against the main enemies of the Country :your Agazi Bosses along their Bandas .http://www.youtube.com/watch?v=aWNCUPeVkWU&list=UU2AvdK6_3mGgyky6T82QBMQ .ENJOY THE VISION…LOL!!!
«"ethiopian airlines"» adoption agriculture airline airlines athletics aviation business caf china «commodity exchange» crime diaspora drought dv economy ecx energy eritrea «ethiopian airlines» famine fashion football health hydroelectric ict immigration investment islam manufacturing media «meles zenawi» migration mobile muslim nile olympics politics power press rail railway religion soccer sport style telecom train visa wikileaks