Prime Minister Hailemariam Desalegn said that the Hawassa Industrial Park is a foundation for Ethiopia’s ambition to become the leading manufacturing hub in Africa.
The Hawassa Industrial Park, an eco-friendly park located in Hawassa town, SNNP regional state, went fully operational today.
The Premier on the occasion said Ethiopia is the second country next to Vietnam in terms of apparel product.
Despite global slowdown in foreign direct investment flow, Ethiopia has attracted huge FDI, he added.
Hailemariam also visited factories located within the park.
The Hawassa Industrial Park is said to be the first sustainable textile and apparel industrial park in Africa with state-of-the-art infrastructure and facilities.
Designed, constructed and operated as a green industrial zone, the park applies cutting edge technology to treat and recycle about 90 percent of its water usage.
Built by the China Civil Engineering Construction Corporation (CCECC), the park was completed in a record time of nine months, and was inaugurated on July 2016.
The Ethiopian government plans to construct 10 industrial parks across the country aiming to enhance job opportunities, earn revenue and promote technology transfer.
The government has further embarked on the development of similar parks in Kombolcha, Mekele, Kilinto, Bole Lemmi II, Dire Dawa and Adama among others, of which Mekele and Kombolcha industrial parks will be inaugurated next month.