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Ethiopian MoI Concluded Agreement with Chinese Association of Industry Zones

The Ethiopian Ministry of Industry has signed agreement with the Chinese Association of Industry Zones for construction of an industry zone in Dire Dawa town. 

According to the agreemnet, the association will draft master plan for the industry zone and carry out study on the construction of the zone. 

The Ethiopian government, inspired by South Korean industy parks, is setting up industry zones equiped with the necessary infrastructur as well as prebuilt standard factories to be made immediately available to investors through effiecient and integrated administration and other services. 

Currently, the government is developing several industry zones in different parts of the country.

Source: Fortune