The Hawassa City Administration Investment Promotion Office revealed that the city issued licenses to investors who have collectively registered capital exceeding Birr 1.1 billion in the first quarter of the 2024/25 fiscal year.
Hawassa City earned over 48 million birr revenue from tourists who visited attraction in the city in the past six months, The Ethiopian Herald reported.
Hawassa is hosting the National Micro, Small and Medium Enterprises’ Exhibition and Bazaar for the first time. The city was chosen to host the exhibition, among other reasons, to enhance Regional States’ capacity and experience in preparing national exhibitions.
The exhibition is expected to stimulate the economy of Hawassa. It will see the participation of 224 micro and small enterprises and 22 small and medium manufacturing industries. In addition, it is anticipated that the exhibition will welcome more than 35 thousand visitors.
Source (including image): Fana BC
Ethiopia's Hawassa Industrial Park announced that it has obtained $114 million from the export of face masks during the recently concluded Ethiopian fiscal year.
Hawassa Industrial Park (HIP) generated USD 54 million in textile and garment exports to the global market during the previous fiscal year. This is despite facing challenges, such as the loss of duty-free access to the US market.
