Taiwanese leather shoe firm invests in Ethiopia - footwearbiz: Leading

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Taiwanese leather shoe firm invests in Ethiopia

30/10/2013
Footwear company George Shoe Corporation has signed an agreement with Ethiopia’s Ministry of Industry to build three factories and a tannery in the country.

Local reports say the Taiwanese company is investing $50 million in the developments in Mojjo, Adama and Addis Abeba and has begun to import machinery.

The company is expected to commence production by March 2014, with a capacity of 4,000 pairs of shoes a day, and with exported shoes expected to sell for around $250.




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