The government of Ethiopia is unwavering in its commitment to making the country the leading manufacturing hub in Africa by 2025. Development of world class, specialized, vertically integrated, export driven and competitive industrial parks is the central driver and catalyst of the Vision.
Hawassa Industrial Park (HIP) embodies the full execution of these principles, and hence represents a blueprint that guides the development of similar parks in other parts of the country.Besides the economic advantage, the government needs industrial parks like HIP to reduce unemployment rate. For instance, in the HIP alone, nearly 10,000 employees are currently working in various fields, of which the majority are young women. Read more. Source | Ethiopian Herald