Ethiopia's Industry Minister, Melaku Alebel, highlighted the government's commitment to prioritizing local manufacturers through the new industrial policy. This focus is part of the Home-grown Economic Reform and the 10-year Perspective Development Plan, contributing to overall sector improvement.
The Industrial Parks Development Corporation (IPDC) announced a significant increase in investment in the country's industrial parks. Out of a total of 177 shades, 157 are now occupied by investors, leaving only 20 available for new investments.
Add a comment Add a comment
Adal Industry has commenced paper production from enset in Ethiopia, aiming to meet domestic demand and reduce foreign currency spending on paper imports.
Add a comment Add a comment
Wonji Pulp and Paper Factory plans to manufacture 150,000 tons of pulp and paper products in the current budget year.
Add a comment Add a comment
Ethiopian Investment Holdings (EIH) has announced ongoing negotiations to transfer ownership of certain sugar plants to both local and international companies.
Add a comment Add a comment
AvtoVAZ, the Russian state-owned automaker, and Ethio Engineering Group have signed a letter of intent to collaborate on manufacturing Lada cars in Ethiopia.
Add a comment Add a comment
