Addis Ababa, March 14, 2021 (FBC) –Ethiopian industrial parks have so far generated more than $610 million from export of various products, according to the Ethiopian Industrial Parks Development Corporation.
The 13 industrial parks exported apparels and other products to the European, the United States and other global markets to generate the aforementioned revenue, according to Bahailu Kebede, head of marketing and communication department at the corporation.
In addition to generating foreign currency, the industrial parks have created more than 89, 000 employment opportunities, Behailu told EBC.
He added efforts are underway to address high cost of living, housing and transport problems of workers as well as meet the industrial parks’ demand for electric power and other facilities.