Ethiopia Aims to Collect $9 Bn from Exports, Rank in Top 50 in Ease of Doing Business in Next Decade
Ethiopian Ministry of Trade and Industry (MoTI) said it plans to collect $9 billion in the next ten years. The Ministry aims to achieve this mainly by increasing the export potential of Ethiopia's manufacturing industry. The Ministry also announced that it aims to make Ethiopia in the top 50 countries in ease of doing business.
Shimelis Arega, Senior Communication Expert at MoTI, told the Ethiopian Herald that the ten-year strategic plan includes increasing quality inspection of export and import products from the current 650,000 to 1,058,781 MT (metric tones) and 1,950,000 to 3,485,630 MT respectively by 2022. This will create five million new jobs, he noted.