4 July 2023
Busan Economic Promotion Agency (BEPA) has invested in a footwear making facility in Ethiopia, with $10 million provided by South Korea Official Development Assistance fund, according to local press, writes Footwearbiz.
The investment will build factories and train workers and officials to “enhance the competitiveness of leather and leather products industry”.
Dessie Dalkie, Ethiopian ambassador to South Korea, said Ethiopia’s young work force and access to raw materials give it a competitive advantage, “making the country an attractive destination for foreign investment”.
The Ethiopian Embassy in Korea and the BEPA Footwear Industrial Promotion Center signed a memorandum of understanding to strengthen cooperation between the countries.
We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
