“The East African country, which is presently constructing or has commissioned around 12 industrial parks across the country, is investing its capital and manpower in the development of industrial parks across the country, which will see it a light manufacturing hub in Africa by 2025.

The Hawassa Industrial Park, which the Ethiopian government considers as its flagship industrial park in its ambition to transform the country as the manufacturing hub of the African continent by the year 2025, was built by Civil Engineering Construction Corporation (CCECC) and completed back in 2016 in just nine months of construction period.

According to figures from the Ethiopia Investment Commission (EIC), Ethiopia has earned 142 million U.S. dollars in export value from Chinese built industrial parks during the Ethiopian fiscal year 2018/19, which ended on July 7. , up 50 percent as compared with the same period in the 2017/18 fiscal year.”

Source: Xinhuanet