Ethiopia revives leather plan
The Ethiopian Government has resurrected a plan for the development of a new leather industry cluster near the town of Modjo. An original proposal for such a facility was drawn up in 2014, but this failed to achieve its aim. However, the project is again proceeding and 1.1 square miles (2.9 square kilometres) of land has now been purchased for this purpose.
Eleven companies are expected to establish leather production facilities at the new site. These are said to include producers of semi-finished and finished leather, as well as manufacturers of finished products. The intention is for the cluster to have a bank, a post office, a training centre and a wastewater treatment plant.
The new leather industry cluster project has been predicted to cost up to £70.8 million ($88.5 million), with the European Union reportedly providing 50 per cent of the funding.
This article was originally published on page 2 of the October 2019 issue of SATRA Bulletin.