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Investors Urged to Make Ethiopia Leading Nation in Light Agro-processing Industry

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The industrial zones being built in four major cities of the country would create opportunities for the expansion of the manufacturing industry, according to Ministry of Industry.

Speaking at a consultative meeting held on Wednesday, October 8,2014 by the Ethiopian Food, Beverage and Pharmaceutical Industry Development Institute and Ethiopian Meat and Dairy Development Institute with stakeholders to discuss on ways of solving problem related to the sectors, State Minister of Industry Dr. Mebrahtu Meles said the manufacturing sector is a priority area for the government, particularly the industrial zones of Diredawa, Hawassa, Kombolcha and Addis Ababa.

Utilizing these, Ethiopia should be a leading nation in Africa in light agro-processing industry by 2025, he said.

Dr. Mebrahtu urged the investors to use the country’s abundant human resources to realize their ambitious goal of benefitting from the sector.

During the last Ethiopian budget year, the country has obtained 68 million USD from export of food, beverages and pharmaceutical goods, it was indicated.

On the other hand, the country earned 76.2 million USD from export of meat and dairy products during same period.

[ENA]


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