Italian textile machinery at African Sourcing & Fashion Week
An Italian textile machinery delegation will be on hand
at the upcoming African Sourcing & Fashion Week (ASFW), to be
held in Addis Ababa (Ethiopia) from 3 to 6 October 2017.
The companies will exhibit at the Italian pavilion organized
by the Italian Trade Agency. Among these are the following
ACIMIT associated members: Autotex, Bianco, Carù, Corino,
Europrogetti, Fadis, Ferraro, Lonati, Loptex, Mei, Mesdan,
Reggiani, SSM Giudici, Tonello, Ugolini and Willy.
In Ethiopia, textile and garments industry has a long history
and tradition. The sector represents the lion-share of
employment in the manufacturing sector. The Ethiopian government
has launched the II° GTP, Growth and Transformation Plan for
2015-2020 period to promote the industry and to exploit the
several bilateral trade agreements signed with Western
countries. In this positive economic climate, the demand for
machinery by local textile companies has grown significantly.
Over the past five years, Italian exports to Ethiopia have
increased on average by 14% annually. Their value in 2016
reached 3 million euros and in January-May period Italian sales
were worth 1 million euros.
Due to the relevance of this market ACIMIT, in cooperation
with Italian Trade Agency, has set up over the years an
intensive program for increasing contacts between operators from
the two countries, including institutional and commercial
missions in the country and incoming missions of Ethiopian
delegates in Italy. Moreover, ACIMIT signed a MoU with the
Ethiopian Textile Industry Development Institute in order to
realize a textile technology centre.