Most leading economic countries have strong metal and engineering
industries. However, the contribution of the basic metal and
engineering industries in Ethiopia to the overall economy is
minimal. This indicates that there is a great need from this
industry if it has to position itself to a level where it can be a
real contributor to the economy. The metal products account the
highest value of the total import in the country. Ethiopia has
advantages of low labor cost and abundant natural resource. These
resources can be advantageous to be competitive to the global
market if technological capability is built. Since the country
suffers a shortage of foreign currency, currently there is an
emphasis to substitute the imports of metal and engineering
products manufacturing locally for the coming 5 years. Substituting
the spare parts, equipment and machinery imported from abroad
through reverse engineering is a significant and prior action to be
taken. Therefore, reverse engineering is the most important tool
for building technological capabilities in the country. The prior
action has to be the metal and engineering industries through
technological building and technology transfer.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!