Amhara region's manufacturing sector capacity reaches 62.4 percent

The manufacturing capacity in Ethiopia's Amhara region's manufacturing sector has reached 62.4 percent, up from below 40 percent three years ago. This was announced by Dr. Ahmedin Ahmed, head of the region's Urban and Infrastructure Development Office. The 'Ethiopian Tamir; We Also Cultivate' program is being implemented in Bahir Dar's Oromo community administration sub-city.

In Addis Ababa on Katit 8, 2018 E.C., Dr. Ahmedin Ahmed, head of the Amhara region's Urban and Infrastructure Development Office, stated during a panel discussion that the manufacturing capacity in the region's manufacturing sector has reached 62.4 percent. Three years prior, this capacity was below 40 percent.

The 'Ethiopian Tamir; We Also Cultivate' policy framework is being implemented in the Oromo community administration sub-city of Bahir Dar. This initiative has resolved industrial bottlenecks and created a favorable investment climate, thereby enhancing productivity, according to Dr. Ahmedin Ahmed.

Endris Abdu, head of the region's Industry and Investment Office, noted that since the policy's inception, addressing sector-specific challenges and establishing supportive regulations have enabled productivity gains. Increasing manufacturing capacity has particularly helped reduce imports and conserve significant foreign exchange.

The meeting was attended by the region's senior officials, factory owners, and other stakeholders.

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Ethiopian PM Abiy Ahmed cuts ribbon at Arjo castor seed factory inauguration, with factory, workers, and flags.
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Ethiopia inaugurates Arjo castor seed processing factory

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Prime Minister Dr. Abiy Ahmed inaugurated the Arjo Didesa castor seed processing factory, stating that Midroc Investment Group's project enables significant local substitution of revenue-generating products. The factory has a production capacity of 200 tons per hour and substitutes up to 2.3 million tons of imports. It supports industrial development in cement, paper, and construction sectors using local resources.

Minister Deta Akilu Tadesse (Dr.) from the Prime Minister's Office stated that Gondar city is gaining more prominence through historical works. This was said during a visit to Fasil Abayate Mengist and corridor development projects in the city. The federal government assured the continuation of efforts to develop Amhara region's tourism areas.

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Ethiopian Prime Minister Abiy Ahmed, Deputy Prime Minister Temesgen Tiruneh, Oromia President Shumelis Abdisa, and National Bank Governor Eyob Tekalgn visited development works and inaugurated projects in Wellega zones of Oromia region on the same day. Projects including the Busa Gonofa integrated food industry complex and Geter Corridor development were highlighted as key for agro-industry, job creation, and economic growth.

In Ethiopia's Southwest Peoples' Region, 19,600 tons of sesame seeds were supplied to the central market over the past six months. This falls short of the budget year's target of 21,000 tons. Regional officials stated efforts to enhance production capacity and focus on cotton as an alternative.

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Mekonnen Solomon, a senior staff and horticulture export coordinator at Ethiopia's Ministry of Agriculture, calls for creating a Horticultural Resource Atlas inspired by the Manufacturing Industry Resource Atlas. This geospatial tool would map suitable areas for development using data on resources like soil, water, and infrastructure to tackle sector challenges and meet strategy targets. It aims to position Ethiopia's agriculture as a major global exporter.

At the launch of Ethiopia's import substitution expo in Addis Ababa, Industry Minister Melaku Alebel stated that the policy has brought significant changes in the use of domestic products. He noted that it has resolved previous industry challenges to enhance production capacities step by step.

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Ethiopia's Electric Power has achieved 80% of its electrification development targets using domestic suppliers. This effort supports the green economy and expands local investment. Anwar Abare, head of communications, shared these details with Fana Digital.

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