The Ethiopian government has generated about 20 million U.S. dollars in export revenue in six months from commodities produced at the country’s flagship Chinese-built Hawassa Industrial Park, local media reported Tuesday.
ADDIS ABABA, March 20 (Xinhua) — The Ethiopian government has generated about 20 million U.S. dollars in export revenue in six months from commodities produced at the country’s flagship Chinese-built Hawassa Industrial Park, local media reported Tuesday.
The Hawassa Industrial Park is expected to generate about 44 million U.S. dollars from the export of commodities produced by manufacturers within its premises during the current Ethiopian 2023/2024 fiscal year, which started on July 8, the state-run Ethiopian News Agency (ENA) quoted Mathiwos Ashenafi, the park’s general manager, as saying.
Located in Ethiopia’s southern city of Hawassa, about 275 km south of the capital, Addis Ababa, the industrial park is regarded as the leading destination for foreign manufacturers in the East African country, mainly dedicated to textile, garment and apparel products.
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