Hawassa Industrial Park – New Business Ethiopia

Ethiopia secures $122 million from industry parks

May 29, 2020

Industrial parks in Ethiopia have exported worth $122 million products during the first nine months of current Ethiopian fiscal year started July 8, 2019.

Ethiopia PM promises to address food, housing shortage

October 22, 2019October 22, 2019

Prime Minister Abiy Ahmed of Ethiopia today said his administration is working to address food and housing shortage in the country.

Study urges Ethiopia to assure fair wage for textiles workers

May 7, 2019

The government of Ethiopia and global fashion brands have failed Ethiopians working in the textiles factories ignoring the lowest wage in the world the employees are getting, a new study said.

Ethiopia’s industrial parks generate $103 million export income

May 2, 2019May 2, 2019NBE

The government of Ethiopia has secured $103 million export earnings from products manufactured in industrial parks over the first nine months of its fiscal year started July 8, 2018.

Kenyan President visits Ethiopia’s Hawassa Industrial Park

March 1, 2019March 1, 2019

The President Of Kenya Uhuru Kenyatta visits Hawassa Industrial Park of Ethiopia today along with Prime Minister of the host country Abiy Ahmed.

Industrial parks in Ethiopia create 64,000 jobs

February 5, 2019February 6, 2019

Introduced over the past few years, the nine operational industrial parks in Ethiopia have created a total of 64,000 jobs.

Addis Ababa Fire Fighters share experience with Hawassa Industrial Park

December 20, 2018December 20, 2018

Following Capacity Building from the United States Forest Service, Addis Ababa Fire Fighters Share Experience and Expertise with Hawassa Industrial Park.

Foreign Direct Investment to Ethiopia down 10%

Foreign Direct Investment into Ethiopia down 10%

June 7, 2018June 7, 2018

Foreign Direct Investment (FDI) into Ethiopia, the 8th largest economy in Africa, has declined by 10% to $3.6 billion in 2017 as compared to the previous year. Meanwhile the country has continued to attract investments in light manufacturing industries, says a UN report.

Concerns over wages as Ethiopia introduces textiles industrial park

June 27, 2017September 5, 2018

By Andualem Sisay Gessesse – Hawassa, Ethiopia– In summary: Following the economic growth of Asian and Far East countries that resulted in an increase of wage of the employees, global textiles giants have been considering Africa as their next destination. Ethiopia has emerged as one of the countries in Africa showing great interest in hosting these companies with a […]