Sep 27 , 2020
A new report that was unveiled by the Federal Small & Medium Scale Manufacturing Development Agency shows that 43pc of operational industries face shortages of raw materials. The assessment also shows that 20pc and 16pc of the industries face a lack of space for production and access to finance, respectively. The Agency's assessment covered 82 companies from the 10 districts in the capital and seven towns in Oromia Regional State. About 19 public offices were also included in the assessment, which was made on industries that are operational and are in the establishment process. Out of new industries that are in the pre-operational stage, 38pc of them face issues getting space for production, while 18pc and 15pc face a shortage of electric supply and access to finance, respectively.
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