Di Yuan Ceramics Plc. made its first export from Ethiopia to Somaliland on May 08, 2018 selling 4,000 square meters of ceramic fields.
According to the company’s Sales Manager, William Wieng, the effective marketing chain the company built led to a USD 1 million worth ceramic order from four African countries-Somaliland, Kenya, Djibouti and Sudan.
BEAKA Total Trading PLC and L-Net Technology Group PLC, Ethiopian companies, secured licenses to produce high grade alluvial gold in Gambella and Benishangul Gumuz Regional States, respectively.
Two local contractors concluded a 2.2 Billion Birr road projects with Ethiopian Roads Authority (ERA) on Saturday, October 4, 2014.
The Industrial Parks Development Corporation (IPDC) has announced an increase in the participation of local investors in Ethiopia’s Special Economic Zones (SEZs), with their share now exceeding 60%. The overall occupancy rate of sheds and developed land in all 13 SEZs has reached 89%.
Ethiopia saved USD 60 million by locally producing security personnel outfit. In the process of substituting imported security personnel uniforms with locally produced outfits 18 factories were involved and 18,000 job opportunities were created.
Domestic products substituted import goods worth USD 1.1 billion during the first half of the 2022/2023 fiscal year. The data of the Ministry of Industry shows that 663 manufacturing industries became operational in the first five months of the current fiscal year creating employment opportunities for 9,600 individuals.
Source: Fana BC and 2Merkato Archives
