Addis Ababa, October 29, 2022 (FBC) – Bahir Dar City inaugurated Slice Mango Juice Factory, owned by A Square A Company, on Saturday October 29.
The factory was established with a capital of more than 200 million birr and it is stated that it has the capacity to produce 112,000 liters of juice per day and 33 million 600,000 liters of juice per year.
According to the Minister of State for Trade and Regional Integration, Endalew Mekonnen, such factories are massive to strengthen the efforts for Ethiopia to become a member of the World Trade Organization.
He added that the government has designed a policy which focuses on the domestic economy to encourage and attract the private sector.
Amha Melkamu, CEO of “A Square A”, said that when the factory goes fully operational, it will create employment opportunities for 1,900 citizens.
It is said that the concerned bodies will be engaged on creating direct market linkage with farmers to gather input products for the factory and to encourage the agriculture sector.
During the inaugural ceremony, it has been indicated that 3,442 industries, engaged in four sectors, in Amhara region have created employment opportunities for more than 39,000 youths.