Export: Ethiopia and Export Value

export: Xinhua/Wang Teng Ethiopia has earned 142 million U.S. dollars in export value from Chinese-built industrial parks, an Ethiopian official said on Thursday, according to Global Times China. Hana Arayaselassie, Deputy Ethiopia Investment Commissioner, said 142 million U.S. dollars in export value was earned during the Ethiopian fiscal Year 2018/19, which ended on July 7, reported state media outlet Ethiopia News Agency ENA . Arayaselassie, said the construction and commissioning of the Chinese-built Ethiopia-Djibouti electrified rail line in January 2018 has contributed to boosting landlocked Ethiopia's export ambitions, by transporting speedily and efficiently cargo from industrial parks in mainland Ethiopia to ports in Djibouti. Xinhua/Wang Teng Built on 138 hectares of land, the Huajian Light Industry City in Addis Ababa, Ethiopia will create up to 60,000 jobs when completed by 2020, according to the Chinese company Huajian. She said that 142 million U.S. dollars of export value was earned from Chinese-built industrial parks. Ethiopia is constructing or has commissioned around 12 industrial parks across the country, part of a broad economic strategy to make the country a light manufacturing hub in Africa by 2025. This is 50 percent higher than during the same period in the 2017/18 fiscal year. (news.financializer.com). As reported in the news.

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