Nasa Garment PLC has become the first Ethiopian company to export its products to Canada. Founded in 2019 and located in the Hawassa Industrial Park, Nasa Garment has made exports of 21,000 units of apparel, including shirts, trousers, activewear, and sweaters to Canada on April 8. Abebe Abebayehu, Commissioner of the Ethiopian Investment Commission (EIC) has congratulated the company in a tweet.
The factory has a capacity of producing 30,000 pieces of clothing per day via 30 production lines and employs 340 workers currently, and projects it will employ over 2,100 workers when it goes fully operational.
Nasa Garment started production in January 2020 and will ship products to Canada every week. Raghavendra Pattar, Group CEO of the company, said they plan to earn $1.5 million from exports this year, and $7 million next year.
Set up with an investment of $5 million, the company is owned by Saron and Goitom Afework. It is also preparing to venture into the second phase of investment at Bole Lemi Industrial Park. Expected to cost $11 million, the additional plant is planned to be fully operational in 2022. The second plant will manufacture denim with 7,000 employees.
Ethiopia has collected some $129 million from exports during the past eight months, a 32 percent increase in value and 4,100 tone rise in volume from the same period last year.
This news was culled from Ethiopia’s 2merkato
