Total revenue from foreign trade in operating industrial parks reached only $115.2 million, representing just 46% of the planned figure. Currently, 13 industrial parks across the country, excluding those operated by private investors, are experiencing reduced production capacity due to limited access to international markets. In the 2024 fiscal year, exports from all industrial parks amounted to $115.2 million, with Bole Lemi and Hawassa industrial parks contributing 50% of this total. The total number of industrial parks has decreased from 22 two years ago to 18, including private investors. Only four industrial parks are currently generating export revenue, while the others are deteriorating.


Source:   Ethiopian News
July 22, 2024 08:54 UTC