Source: Xinhua| 2017-08-09 01:19:11|Editor: huaxiaVideo Player CloseADDIS ABABA, Aug. 8 (Xinhua) -- Ethiopia managed to earn 436.73 million U.S. dollars from the manufacturing sector exports in the Ethiopian Fiscal Year (EFY) 2016/17 that ended on July 8. MoI in particular mentioned a commissioning lag in some manufacturing plants operating in Ethiopia's highly advertized Hawassa Industrial Park for the disappointing export revenue. Built by China Civil Engineering Corporation (CCECC), the Hawassa Industrial Park 275 kms south of capital Addis Ababa was inaugurated back in July 2016. Eighteen companies have already started operations inside the industrial park and six of them are presently exporting their products to the global market. It is the textile and garment sector that showed its most disappointing result earning the East African country 89.3 million dollars in export revenue out of a planned 271 million dollars.

Source: Ethiopian News August 08, 2017 17:48 UTC