Addis Ababa June 20/2017 The Hawassa eco-industrial park that attracted 18 leading global apparel and textile companies inaugurated, with the presence of Prime Minister Hailemariam Desalegn and other high-level officials.
Construction of the park, the first in its kind in the country, consumed more than 250 million USD and built in record time of less than one year. The park is implementing Zero Liquid Discharge (ZLD) that enables to recycle 90 percent of sewerage disposal water and fulfills international standards. Covering an area of 1.3 million square meters, of which 300,000 meter square is factory shed build up area, the park have additional area allocated for shared facilities.
It has also accompanied with all government services including One Stop Shop.
Some 18 leading textile and garment companies from America, Europe, China, India, Sri Lanka and six local companies are ready to start operation in the park. Upon fully operational, industries within the park are expected to create 60,000 jobs in double shift.
The revenue the nation earns from textiles and garment is expected to hit one billion USD from the current 150 million USD per annum, upon going fully operational.
The park will be used as a model for other industrial parks to be built in other parts of the country such as Dire Dawa, Kombolcha, Adama and Mekele.