- Indian garment factory opens doors By Birhanu Fikade Following the recent visit of Prime Minister Hailemariam Dessalegn, a Chinese firm has finalized deals to lease two manufacturing sheds with 11,000 and five thousand sq.m areas at the Hawassa Industrial Park which currently is under construction, The Reporter has learnt. Indochine, a renowned Chinese textile firm mostly engaged in souring activities has wired the down payment of USD 200 thousand via the National Bank of Ethiopia and currently the firm has acquired 11,000sqm. Anila Kularatne, who currently undertakes the establishment of the Indochine International, a subsidiary of the China based Indochine Apparel Ltd, told The Reporter that the company has deposited the minimum capital required from foreign investors. According to Kularatne, the company will be involved in manufacturing garments and will install plants for laundry, denims and the like. Though Kularatne opted not to disclose further details before fi
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