The Ethiopian Sugar Corporation plans to produce over 7 million quintals of sugar this budget year.
Corporation Deputy Chief Executive Officer Abraham Demise said that preparations have been made to attain the target and meet local demand in the new year.
According to him, Omo-Kuraz I and II sugar factories will enter into production in January.
"Once they begin with their full capacity, the two factories will produce 12,000 quintals by crushing 12,000 tonnes of sugarcane per day."
The amount of sugar to be produced from these two new factories, together with production from the existing ones helps the country meet local demand and export surplus products, he said.
In addition to increasing production capacity, the two factories will create jobs for more than 30,000 citizens, he said.
Factories which began trial production last budget year, including Tendaho, will enter into regular and full production phases this budget year, Abraham added.
The Corporation is building seven new sugar factories in addition to the existing six factories to export sugar after meeting local demand, FBC reported.