Paron Trading signed an agreement with the Industrial Parks Development Corporation (IPDC) to enter Bahir Dar Industrial Park.
Paron Trading is a local company which is in the sector of agro processing. It will invest Birr 500 million in the park on the 2 hectares of developed land it received from the Corporation. It is also expected to create employment opportunities for 1000 individuals.
Bahir Dar Industrial Park is situated on 75 hectares of land in Bahir Dar city which is 560 km from Addis Ababa. It became operational in 2020.
Source (including image): IPDC