This file photo taken on July 13, 2016 shows the Hawassa Industrial Park in Hawassa, Ethiopia. (Xinhua/Michael Tewelde)
Ethiopia's Chinese-built Hawassa Industrial Park on Tuesday announced 114 million U.S. dollars revenue from the export of face masks to the international market.
ADDIS ABABA, Sept. 22 (Xinhua) -- Ethiopia's flagship Chinese-built Hawassa Industrial Park on Tuesday announced 114 million U.S. dollars revenue from the export of face masks to the international market.
The reported revenue was generated from the export of face masks mainly to the U.S. and European markets during the recently concluded Ethiopian fiscal year, state-run Ethiopian News Agency (ENA) quoted Fitsum Ketema, General Manager of Hawassa Industrial Park, as saying.
This file photo shows local residents walk past the Hawassa Industrial Park in Hawassa, Ethiopia, July 13, 2016. (Xinhua/Michael Tewelde)
Despite the hardships created by the COVID-19 pandemic, companies operating inside the premises of the industrial park were able to mitigate the economic impact of the pandemic through the production and export of high-quality face-masks and related products, according to the general manager.
Hawassa Industrial Park, which the Ethiopian government considers as a model for the construction of other industrial zones across the country, has proved successful immediately after its inauguration in July 2016 by attracting various world-class textile and apparel companies to the East African country.
The industrial park was built by China Civil Engineering Construction Corporation (CCECC).
The Ethiopian government has previously disclosed its plan to generate close to 1 billion U.S. dollars in annual revenue from the park once it starts operations at its full potential. ■
