Hawassa Industrial Park

The Hawassa Industrial Park (HIP) is an eco-industrial park located in Hawassa, Sidama Region, Ethiopia. Established on 13 July 2016, the park is a government-supported project focusing on the manufacturing of garments, apparel, and textiles. The initial development of the industrial park encompasses 130 hectares of land, with potential expansion up to 400 hectares. Hawassa Industrial Park faced significant challenges in 2022, including factory closures and job losses, following the United States government's decision to remove Ethiopia from the African Growth and Opportunity Act's duty-free access to US markets. However, in the three months between October 2022 and January 2023, the park generated 32 million USD in revenue, indicating a potential revival of the sector.

Hawassa Industrial Park
Hawassa Industrial Park in 2017
LocationHawassa, Sidama Region, Ethiopia
Coordinates7.066947°N 38.492878°E / 7.066947; 38.492878
Opening date13 July 2016
DeveloperEthiopian government
Construction cost+300 million dollars
ManagerEshetu Shanko
OwnerFitsum Ketema (CEO)
No. of workers35,000 workers
Size150 hectares
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.