COMESA Study Reveals Ethiopian Manufacturing Uncompetitive
A study conducted by the Common Market of Eastern and Southern revealed that Ethiopia’s manufacturing secure is not yet ready to be competitive internationally and is showing little sign of improvement.
The study was commissioned by the Ministry of Finance and Economic Development and financed by the COMESA secretariat.
Problems noted by the study include slow productivity, high production costs, shortage and low quality of raw materials, shortage in foreign exchange, lack of skilled manpower, and frequent power interruptions.
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