The Ethiopian Ministry of Industry signed on agreements with several contractors for the 2nd phase construction of the Bole Lemi Industry Zone construction Thursday, October 31, 2013.

The agreement was signed with 14 contractors and a consultant engineer. All construction work on the site will be assigned to local contractors, except a Chinese contractor for the road construction, according to Ethiopian Radio and Television Agency.

The first phase of the industry zone has already gone operational, according to Sissay Gemechu, State Minister of Industry Minister.

Construction on the second phase of the project is expected to be finalized within the next six months.

Ahmed Abitew, Industry Minister said the construction of the industry zone will help the country's bid to attract more foreign investors.

The Bole Lemi Industry Zone occupies 156 hectares and costs 1.8 billion Ethiopian Birr.

Source:Ethiopian Radio and Television Agency