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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Prime Minister Abiy Ahmed inaugurates the 4th Ethiopia Tamar Expo amid cheers, highlighting $10B export record.
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Prime Minister Abiy inaugurates fourth Ethiopia Tamar expo

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Prime Minister Abiy Ahmed (Dr.) inaugurated the fourth Ethiopia Tamar expo today. He stated Ethiopia achieved $10 billion in export revenue for the first time in history this year. Industry Minister Melaku Alebel said the manufacturing sector is the center of national sovereignty.

The Ethiopia Tamrit Movement has enabled 158 medium and high manufacturing industries in the Amhara Region to begin production in a new form. The regional Industry and Investment Bureau stated these industries have started output under the initiative.

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Oromia Regional President Shimelis Abdisa announced that the region expects 11.7 percent economic growth in the 2019 budget year.

Agriculture Minister Addis Arega announced that Ethiopia cultivated 29 million hectares and obtained 1.3 billion quintals of produce in the completed 2018 budget year.

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Afar Regional State Administrator Awel Arba stated that the region's people have gained full self-administration and ownership rights in politics and governance after recent reforms.

Sidama Region administrator Desta Ledamo said the region will work with determination to ensure food sovereignty and increase farmers' benefits.

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