PIA x ASBM Industrial Plc team up

04 March 2022, Mumbai:

ASBM Industrial Plc has partnered with Togo's PIA (Industrial Platform of Adetikopé).

ASBM Industrial, for example, is one of Ethiopia's largest garment and textile manufacturers, specializing in spinning, weaving, knitting, processing, and garmenting.

The state-of-the-art industrial park in Togo, PIA, was established in 2021 as a result of public-private cooperation between the Republic of Togo and ARISE IIP. The major company will be able to open a spinning and knitting facility in the industrial zone to produce cotton yarn and knitwear as a result of this collaboration.

The business plans to grow its initial manufacturing capacity from 15 to 30 tonnes per day and will combine PIA's benefits with its textile experience.

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PIA said in a statement that it was honored to welcome Abiy Gidey of ASBM Industrial Plc, an Ethiopian partner, to proceed with the signing of cooperation with the textile sector.

"We look forward to forming a solid cooperation with ASBM Industrial Plc. in order to share their knowledge in Togo," the company stated.

It's worth noting that Togo's PIA Park is luring garment manufacturers from all over the world. ITCRmg, a company located in India, has announced plans to invest US$ 35 million and install 750 flat knitting machines in Togo's 'PIA' Park (The Industrial Platform of Adetikopé).

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*CREDITS: Apparel Resources.