Live:

Made in Ethiopia Movement Spurring Industrial Renaissance: Industry State Minister

Addis Ababa, June 20, 2026 (ENA)__ The Made in Ethiopia Movement has become a powerful catalyst for reshaping the manufacturing industry and driving the overarching macroeconomic expansion, Industry State Minister Tarekegn Bululta said.

According to him, the Movement has been playing a pivotal role in revitalizing the manufacturing sector and driving significant economic growth.

Anchored on the principles of economic diversification, Ethiopia has continued registering a remarkable, transformative progress across key pillars, including agriculture, mining, tourism, information technology, and the industrial sectors, he added.

Conceived to propel the nation’s manufacturing sector to an advanced frontier and secure long-term national prosperity, the Made in Ethiopia Movement has successfully concluded its fourth annual iteration this year.

The forum showcased pioneering industrial technologies, cutting-edge innovations, and diverse manufacturing capabilities that highlight Ethiopia's growing global competitiveness.

In an exclusive interview with the Ethiopian News Agency (ENA), State Minister Tarekegn underlined that the Movement has registered tangible, far-reaching economic milestones over the past few years by injecting vital dynamism into the manufacturing sector.

He noted that it has also laid an exceptionally resilient foundation for domestic enterprises, successfully scaling up manufacturing outputs and accelerating a profound structural shift across the economy.

This strategic framework has yielded extraordinary successes, generating massive employment opportunities for citizens, safeguarding vital foreign currency reserves through proactive import substitution with high-quality domestic products, and substantially expanding private sector participation alongside domestic direct investments.

Tarekegn pointed out that the nation's structural economic transformation is progressing at an accelerated and highly encouraging pace in alignment with the strategic direction set forth by the government, .

He added that highly rewarding outcomes are being achieved in fostering institutional awareness, securing high-quality and sustainable economic growth, and significantly elevating the market competitiveness of local manufacturing industries.

Highlighting the exponential growth in production capacities and overall shop-floor efficiency, the State Minister revealed that the manufacturing sector's production capacity has reached 66.3 percent.

He stated that the operational performance of manufacturing industries has expanded dramatically, maintaining a steady and rapid upward trajectory.

Concluding his remarks, the State Minister emphasized that these systematic structural reforms are yielding superior outcomes across all sub-sectors.

Beyond serving as a major hub for job creation, the manufacturing landscape is increasingly becoming a powerful engine for cementing Ethiopia’s ultimate realization of comprehensive national prosperity.

Ethiopian News Agency
2023