Ethiopia aims for $200m leather exports
Ethiopia plans to export $206 million worth of leather products in the current fiscal year; almost double the income the country received last year, when it made $104.1 million from leather.
The Leather Industry Development Institute (LIDI) has announced plans to make 54,000 pairs of shoes a day, up by 35,000 pairs than its current production.
Ethiopia achieved 73% of its target from the export of leather in the fiscal year to 8 July 2011, according to Wondu Legesse, director general of the LIDI.
The institute has made twining agreements with two Indian leather schools to help increase Ethiopia’s exports and transfer products into finished products, Mr Legesse said.
To achieve it target for the current fiscal year, the institute has partly placed its trust in new leather companies including firms based in China and Germany.
