Ethiopia, UNIDO agree to cooperate on manufacturing industries development

Addis Ababa, October 11, 2022 (FBC) – Ethiopia and United Nations Industrial Development Organization (UNIDO) have agreed to cooperate on industrial development and the country’s nationwide mobilization of “Ethiopia Manufactures”.

Ethiopia’s Minister of Industry, Melaku Alebel, received UNIDO Director General, Gerd Muller, at his office and discussed on potentials of manufacturing industries in the country.

Both officials discussed the favorable conditions and options that would make it viable for foreign investors to invest in manufacturing to improve the limited use of production capacity in the industrial sector.

Melaku acknowledged UNIDO’s support contributed to the development of leather & textile industries and integrated agro-industrial parks.

He mentioned that the technical support given by UNIDO to the sector is encouraging.

The Minister claimed that the support provided to accelerate the development of food processing, textile and leather industries has created an opportunity for the country to achieve its industrial development goals.

UNIDO Director General, Gerd Müller, on his part, stated that they will work together to develop the sector through strong and consistent advertising and organizing other events to attract investors to the Agro-Industry Parks.

He noted that there are wide market opportunities and various favorable conditions for investors to invest in the Ethiopian manufacturing sector.

The Director General believes that investors who engage in the sector can be successful not only in the Ethiopian market but also in the African market.

DG Gerd Müller will also visit manufacturing industries in Addis Ababa and outside the capital during his stay.