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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