The Industrial Parks Development Corporation (IPDC) plans to construct over 100 industrial parks in Ethiopia in the coming years. This ambitious plan is aimed at driving the country's industrialization and economic growth.
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Ethiopian Airlines Group is set to build a shed in Killinto Industrial Park for the manufacturing of aerospace components such as aircraft thermo-acoustic insulation blankets, electrical wire harnesses, and various other components.
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Gada Special Economic Zone Development Corporation (GSEZDC) has signed a memorandum of understanding (MoU) with China Civil Engineering Construction Corporation (CCECC) to construct a logistics and export processing center which will be built on 1,000 hectares of land over the coming five years.
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The Ethiopian Investment Commission (EIC) and the Industrial Parks Development Corporation of Ethiopia (IPDC) have signed Memorandums of Understanding (MoUs) with the China Civil Engineering Construction Corporation (CCECC).
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The Federal Democratic Republic of Ethiopia has extended the bid submission date for the privatization of 8 state-owned sugar enterprises to October 5, 2023, from the original submission date which was August 3, 2023.
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The Indian company Akshay Jay Oil, which produces avocado oil at Jimma Industrial Park, is increasing its investment by building a facility to create solid and liquid compost from waste materials. New investors will use the factory, which should be finished in five months, to save the environment.
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