The Amhara Region Industry and Investment Bureau announced that it is working hard to increase the productivity of the industry and expand the benefits of the citizens.
Andris Abdu, the head of the office, said that it is working to cover 15.4 percent of the region’s economy in the 2017 fiscal year.
He explained that due to the security crisis in the region, efforts were made to prevent investors from suspending their production activities, and due to the lack of raw materials and other supplies, the production capacity of manufacturing industries dropped from 56.4 percent in 2015 to 54 percent in 2016.
He also mentioned that he was able to attract 2,650 new investors to the region who registered more than 437 billion birr.
He said that the manufacturing industries in the region have exported their products and earned 149 million dollars.
He pointed out that in the next fiscal year, emphasis will be placed on improving quality and effectiveness, improving coordination, increasing productivity and expanding the benefits of citizens.