Gulf Ingot FZC, head quartered in the UAE, and Industrial Parks Development Corporation (IPDC) of Ethiopia concluded an agreement for the production of packaging materials for soft drinks and water.

The company will commence production with a capital of USD 5.2 million and provide its products to local and international markets from its production base which will be located in Dire Dawa Industrial Park. It is expected to create job opportunities for 139 individuals. Gulf Ingot FZC is also active in Kenya and Rwanda.

Source (including image): Walta Media Communication Corporate
Additional source: Fana BC