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Ethiopia to Get Further Assistance from World Bank

World Bank’s Managing Director, Sri Mulyani Indrawati, affirmed the Bank’s further assistance to Ethiopia in the nation’s efforts in industrial development.

The Director after visiting the Bole Lemi Industrial Zone noted the World Bank will continue to extend assistance in particular to the industrial development efforts of the country.

She extended her admiration for the country’s efforts to transform the agriculture led economy to an industrial economy.

Ahmed Abitew, Minister for Industry, on his part explained Ethiopia recognizes the benefit for industries to be in the same area. He furthered, factories that are being built at the Industrial Zone will be finalized soon.

Indrawati after her visit to the Industry Zone, she said the zones Ethiopia have built in the past years are demonstrations for the fact that the country is in the right development track.

Source: Ethiopian Broadcast Corporation