-Finalizes import substitution export policy
"Let Ethiopia Produce" movement has revitalized the productivity of manufacturing industries by overcoming their bottlenecks, said the Ministry of Industry.
The manufacturing industry has not been contributing fair share to the economy due to various problems. Accordingly, solving the bottlenecks of the sector, increasing its contribution to the economy, boosting productivity and international competitiveness are the main goals of the movement, he said. The coordination mechanisms formed by the movement created a conducive environment for producers overcoming financial, resource and infrastructural challenges, he indicated.To this end, government institutions are giving priorityto purchasefrom local manufacturers while industries are also trying to improve their product quality, the Coordinator said, adding that this has increased the domestic market share of manufacturing industries from 30% to 38%.
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