This is the Hawassa Industrial Park, and it is not only transforming the face of the city but also repositioning Ethiopia as a globally competitive hub of light manufacturing. Yet despite all of this growing ecotourism potential, Hawassa’s main source of recent international attention focuses on the industrial park — one outcome of the government-run Industrial Parks Development Corporation’s strategy to make Ethiopia’s manufacturing sector globally competitive. Entering the global manufacturing arenaIn addition to the fact that Ethiopia’s manufacturing costs are very globally competitive, the strategic planning of the public sector has also attracted investor interest. When it comes to the Hawassa Industrial Park specifically, the park’s eco-friendly development strategy makes for another major selling point for international companies. The Hawassa Industrial Park has been conceived as a one-stop shop for manufacturers.

Source: Ethiopian News March 01, 2017 18:52 UTC