Ethiopian Investment Commission (EIC) disclosed that the 5 industrial parks operating in Ethiopia have created around 40,000 job opportunities until the beginning of October. The industrial parks are Bole lemi, Hawassa, George shoe, Eastern industrial and Velocity. Out of these parks, Bole lemi and Hawassa industrial parks are owned by the government.

From these 5 industrial parks, Bole Lemi is the biggest one and it employs 14,000 people.

According to Mekonnen Hailu, EIC’s public relations head, the number of job opportunities would increase following the recently inaugurated 9 sheds in kembolcha and 15 sheds in Mekelle industrial parks were transferred to investors.

The government prioritizes textile and apparel companies to invest in Ethiopia as they would absorb large number of labor, Mekonnen explained.

The government was stepping up its effort to finalize other industrial parks that could solve the unemployment, the public relation head noted.

Source: Walta Information Center