PM Tours Industries in Gelan, Encourages Investors 

ADDIS ABABA – Prime Minister Abiy Ahmed has visited factories based in Gelan town to encourage investors engaged in the manufacturing sector.

The half-day tour today is a part of the government-led national movement called ‘Ethiopia Tamrit’, or Let Ethiopia Produce. The movement, launched in May 2022, aims to address the challenges encountered by manufacturers to boost their production and import substitutions. 

On Wednesday, the PM made a tour of various industrial complexes in Gelan Town located 30 kilometers out of Addis Ababa.

‘‘Expanding sector’’

Abiy first visited the BK Metal Engineering Complex. The plant assembles heavy-duty trucks and buses, in addition to making different industrial components. 

“Metal and engineering industries in Ethiopia are expanding and a worthy investment venture,” he said after the visit. 

The PM tour concluded with his visit to  Horra Industries where modern coffee processing, roasting, and cement packaging activities are taking place.

In a tweet later, he said “industries play a large role in forex generation and I once again encourage investments in MadeInEthiopia.”

The sector was one of the most affected sectors by the Covid pandemic and security-related challenges last year. It still managed to generate a historic high $500 million export revenue during the last 2021/22 fiscal year. 

The post PM Tours Industries in Gelan, Encourages Investors  appeared first on Ethiopian Monitor.

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