Apr 4 , 2020
Kingdom Linen Plc, a Chinese firm operating in Ethiopia, has completed the first phase of its investment project at Adama Industrial Park. The company intends to produce 5,000tn of high-grade linen yarn annually for export. The plant covers an area of 32ha. Started two years ago with 200 million dollars in investments, the company is expected to create jobs for 1,000 people when the first phase is completed. When it becomes fully operational, Kingdom, which is set to be completed in two phases, is expecting to hire 4,000 employees. The plant, which is expected to generate 45 million dollars a year in revenue, will also have an annual production capacity of 20,000tn of high-grade, wet-spun linen yarn.
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