new news - Wednesday, December 14, 2016

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Chemical, Construction Input Industries Begin Production - Tuesday, December 6, 2016

 

 

The Chemical and Construction Inputs Industry Development Institute said that 22 chemical and construction input industries have entered production last fiscal year.

The Institute said over 114,000 metric ton of output worth of 37.7 billion Birr has been produced in the reported period. It also generated over 18 million USD foreign currency from the export of chemicals and cement as part of the national import substitution policy.

During a discussion with stakeholders held yesterday, Institute Director General Samuel Halala said that the institute was established mainly to substitute imported items.

The Director added that cement, soap and detergent, pulp, coastic-soda , plastic and mineral industries are ready to begin production. As the industry utilizes quality inputs the demand for the products in neighboring countries like Sudan is high.

As the major focus was to improve soil fertility, factories producing fertilizers would begin production soon, he said, adding, over two billion USD has been allocated for the sector

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