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In 1957, Ethiopia initiated a series of five-year development plans. Throughout much of the 1960s and early 1970s, manufacturing activity increased as the government's five-year plans diversified the economy by encouraging agro-industrial activity and by substituting domestically produced goods for imported items.
At this time, industrialization was not fully complete. For instance, the Dutch sugar company HVA , which began operating in Ethiopia in the 1950s, employed 70% of the Ethiopian workforce involved in the food-processing sector; in turn, the food-processing sector employed 37% of the workers in manufacturing and industry. [19]
The high-value oil seeds cultivated in Ethiopia for exports accounted $446 million while fruits and vegetables accounted $538 million in 2017. [1] Coffee has been the most exported product of Ethiopia. Over 15 million workers involved to cultivation and processing. In 2016/2017, annually export revenue estimated about $881 million.
The second five-year plan (1962-67) began a 20-year program to change Ethiopia's predominantly agricultural economy to an agro-industrial one. [1] The plan's objectives included diversification of production, introduction of modern processing methods, and expansion of the economy's productive capacity to increase the country's growth rate. [1]
To accomplish this task, Ethiopia needed infrastructure to develop resources, a material base to improve living conditions, and better health, education, communications, and other services. [41] A key element of the emperor's new economic policy was the adoption of centrally administered development plans. [41]
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
Ethiopia Science Technology and Innovation policy ratified in 2012 envisages the creation of a national framework that will define and support how Ethiopia will in future search for, selection, adaptation, and utilization appropriate and effective foreign technologies as well as addressing the establishment of national innovation system.
The IBM 360/20 electronic data-processing system was introduced between 1965 and 1970, with a capacity of 8-16 KB. The transition from card to tape-disk system was made in 1970s. The first programming language was Report Program Generator , which was used in Ethiopia until 1986.