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Why special attention should be given to manufacturing sector

Published on May 13, 2016

Since the launching of the first Growth and Transformation Plan, the government has given due emphasis to expanding the manufacturing sector. Besides creating large number of jobs, the manufacturing sector plays a key role in transforming the economy by creating linkage between the agriculture and industry sectors and ensuring value addition on agricultural products. Further, it also plays an indispensable role to substitute imports, attract foreign direct investment, improve foreign currency earnings and serve as a platform for technology and knowledge transfer.

The expansion of industries requires rapid expansion in the supply of energy. Accordingly, the government — through mobilization of domestic resources as well as with the support of partners — have been striving to enhancing the energy supply.

Read more. Source | Ethiopian Herald