(3 minutes read)
· The ecosystem in the industrial parks in Ethiopia may change in the future with increased digitization
· To implement this, the Ethiopian Investment Commission (EIC) signed a memorandum of understanding (MOU) with First Consult for BRIDGES Program to implement the digitization of labor supply and matching database across seven industrial parks
· The program is funded by Mastercard Foundation’s Young Africa Works in Ethiopia
The ecosystem in the industrial parks in Ethiopia may change in the future with increased digitization. To implement this, the Ethiopian Investment Commission (EIC) signed a memorandum of understanding (MOU) with First Consult for BRIDGES Program to implement the digitization of labor supply and matching databases across seven industrial parks. The program is funded by Mastercard Foundation’s Young Africa Works in Ethiopia.
The digital labor database will support the creation of close to 600,000 jobs for young people, 80 percent of which are women. It will also benefit 15,000 micro, small and medium enterprises. More than 300,000 unemployed young people will be trained in soft skills and awareness of the industry through industrial park job creation initiatives. Market linkage between industrial parks and MSMEs would help the trained people to get employment. This also helps in using local resources for development works.
Seven industrial parks – Adama, Debrebrhan, Dire Dawa, Bahirdar, Hawassa, Mekelle and Kombolcha – are there in the first round utilization of the labor database.
