By Staff Reporter
ADDIS ABABA – (BORKENA) – Small scale and medium level industries in Amhara Region have stopped giving service following the war flared up between the Amhara militant, Fano and the Federal Defence Force, sources said
Head of the Amhara Region Industry and Investment Bureau, Endris Abdu, told Amhara Mass Media Corporation that 1, 226 small, medium and high level industries located from Debre-Markos to Bahir-Dar, have stopped working due to security problems in the Region. Endris said that lack of peace in the Region is testing the industry and investment sectors.
The Chief of the industry and Investment Bureau pointed out that industries have difficulties in getting the resources they need in time and are not able to market the products they produce. Mentioning the problems the industries are facing, Endris also said that there are industries that have kept in stock what they have already produced. The war prevented them from taking out their products for marketing, according to the official.
Those who were dependent on the industry are now reportedly out of the business after the breach of peace. Underscoring that lack of peace can cause a universal problem, the chief conveyed his message about the importance of maintaining the existing peace sustainably.
If there is peace, the region can use its vast industrial capacity. If there is no peace, the region’s economic resources will adversely be affected, Endris said. “We should work in unison by taking into account the gap that can be caused by lack of peace,” the chief said.
Endris said that factories remained unharmed because the people of the Region are polite, peace-loving and pro-development. He also stated that although some flower and fruit factories were damaged, most of them have still been kept intact being protected by the people who are concerned for national resources.
Endris said that honesty and peace-loving nature of the community is a great potential to attract new developers to the Region. “We are working to make the Region a favourable investment hub by maximising our good experience and by addressing our problems,” he said.
To share information or for submission, send e-mail to firstname.lastname@example.org
Join our Telegram Channel: t.me/borkena