The Yirgalem Integrated Agro Industrial Park has generated more than USD 2.2 million in revenue over the past 11 months from exporting crude avocado oil to international markets, according to the Sidama Regional Industrial Parks Development Corporation.
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The Industrial Parks Development Corporation (IPDC) has announced an increase in the participation of local investors in Ethiopia’s Special Economic Zones (SEZs), with their share now exceeding 60%. The overall occupancy rate of sheds and developed land in all 13 SEZs has reached 89%.
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The occupancy rate across Ethiopia’s Special Economic Zones (SEZs) has climbed to 89%, according to the Industrial Parks Development Corporation (IPDC). Zemen Junedi, Deputy CEO of IPDC’s Promotion and Marketing Division, noted that nearly all 13 SEZs are now operational, attracting both local and international investors.
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The Huajian Group has unveiled plans to establish electric vehicle (EV) assembly and manufacturing operations in Ethiopia.
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Chinese manufacturing giant Huajian Group has signed a USD 100 million investment agreement to launch operations in Ethiopia’s Gada Special Economic Zone, focusing on solar energy production and exports.
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MIDROC Investment Group has officially inaugurated a new filler production plant in Awash 7 town.
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