MSEs create 71,088 jobs in Addis

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Addis Ababa, February 7/ 2013 (WIC) - The Addis Ababa City Administration Micro and Small Enterprises (MSEs) Development Bureau announced that the sector has created job for 71,088 people over the last six months.

Bureau Head Leulseged Yefru told journalists yesterday that the achievement is 81 per cent of the set target-- 88,102 jobs. According to him, the construction sector has created the lion's share -- 43, 257 while manufacturing, urban agriculture, trade and service sectors 11,654, 3,052, 7,033 and 6,092 respectively.

He also indicated that previously the youth were not willing to engage in blue-collar jobs but these days the number is increasing due attitudinal change.

For instance, over 23,000 jobs were created in cobblestone paving of the planned 43,257. The rest were involved in bricks and precast production as well as sanitary installation activities.

According to Leulseged, the enterprises have also received the necessary support from concerned government bodies. Accordingly, 342 million birr loan was provided to the enterprises in the reported period.

In addition, a lot has been done with regard to encouraging saving. He further indicated that the enterprises were able to save 308 million birr from their monthly income, he said.
He also pointed out that 598 million birr was spent on creating market link in housing development, cobblestone project etc. Moreover, exhibition and bazaar were organized at sub-city and woreda levels with a view to strengthening the link.

With the support of the city administration, 113 enterprises were transferred to medium- level industries with 899 members and 193 million birr capital. The industries have created jobs for 6,039 people, he said. (EPA)