Ethiopia Tamirt Expo Expected to Generate over 5 Billion Birr in Transaction: Industry Minister

Addis Ababa, February 21, 2025 (ENA)—The 3rd Ethiopian Tamirt Expo that Addis Ababa will host from 7-13 May 2025 is expected to generate over 5 billion birr in transaction, Industry Minister Melaku Alebel said.

A launch event to the 3rd Ethiopian Tamirt Expo 2025 was held in Addis Ababa yesterday.

Speaking at the event, Minister Melaku Alebel stated although Ethiopia possesses a long history of civilization, its manufacturing productivity has been slow.

He explained that the Ethiopian Tamirt movement was launched in recognition of the critical importance of boosting the manufacturing industry's capacity to accelerate Ethiopia's journey to prosperity.

Ethiopia Tamrit has achieved numerous successes over the past two years by addressing the challenges the sector had faced, he added.

In particular, he mentioned the foreign currency savings from import substitution which would have been incurred on importing goods.

Over the past six months of 2024/25 Ethiopian fiscal year, revenue worth of 2 billion birr was obtained from import substitute products domestically produced, he said.

 

He mentioned that over 307 industries at federal level participated at the Ethiopian Tamirt Expos held in the past two years, with generated revenues exceeding five billion birr.

The Minister also pointed out that several domestic and international business agreements and market linkages are expected to be created.

He affirmed that the government is resolutely working to address the challenges facing the sector, not only by making amendments in legal frameworks but also in collaboration with relevant stakeholders.

Manufacturers and their representatives, for their part, stated that the movement is of great benefit to revitalize the sector through easily networking producers and consumers.

They noted that Ethiopian products have maintained quality standards to become competitive at the international markets.

The manufacturers also stated that the Ethiopian Tamrit Movement has stimulated consumers for preference of domestically produced goods.

The 3rd Ethiopian Tamirt Expo 2025 is expected to attract over 200,000 visitors.