Ethiopia’s Government Plans A USD 50 Mn Project To Boost Coffee’s Presence Globally
As part of efforts to promote Ethiopia’s coffee and boost its presence in the international coffee market, the Ethiopian Government is planning to construct a USD 50 million coffee park in partnership with the Korean governments.
The park, which will sit on a 30 hectares of land in Ethiopia’s capital Addis Ababa, will play a huge role in promoting the country’s local coffee products at the global market.
It will have a coffee museum, a coffee market center among many other facilities, the project will be completed in three years.
Hyiru Nuru, market information and control director at the Ethiopian Coffee and Tea Authority (ECTA) told Fana Broadcasting Corporate (FBC) that the park will “play an important role towards promoting Ethiopia’s coffee to the international community.”
A week ago, the ECTA launched an initiative dubbed ‘Ethiopian Coffee’ which seeks to boost the country’s share of coffee export in the international market.
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The coffee agency noted that the initiative would raise the international presence and image of Ethiopia’s major coffee varieties, such as Yirgacheffe, Harrar, and Sidamo coffees which it termed as ‘weak’.
This comes at a time when the East African country is making huge strides in coffee production, one of its main export commodity.
According to the U.S. Department of Agriculture attache in Addis Ababa, the country’s coffee export in the year 2019/20 is expected to hit a record high of 4 million 60-kg bags of coffee.
On the other hand, its production is expected to reach 7.35 million tonnes, a 1.4% increase from the 2018/19 period.
Featured Image Courtesy : istockphoto.com
