Lemi National Cement Factory has made a strong entrance into Ethiopia’s cement market, supplying over 310,000 tons of cement since it began operations on October 31, 2024.
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The Ethiopian Investment Commission (EIC) announced today that 10 of the country's industrial parks have been promoted to Special Economic Zones (SEZs) under a new initiative to attract Foreign Direct Investment (FDI), boost job creation, and enhance trade and productivity.
Industrial Parks Development Corporation (IPDC) has officially announced that the Dire Dawa Free Trade Zone is now fully operational.
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The Ministry of Trade and Regional Integration (MoTRI) announced that cement manufacturers in Ethiopia would now be able to distribute their products through chosen distributors, a shift intended to streamline the supply chain and better meet demand. The announcement follows a consultation forum between the ministry and cement manufacturers on aligning product supply with the growing demand in the construction sector.
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Lemi National Cement Factory, located in Ethiopia's Amhara Regional State, Ensaro Woreda, has started offering its cement products to the market as of October 31, 2024.
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The Industrial Parks Development Corporation (IPDC) reported that it had attracted USD 300 million in investments and generated over USD 26 million in export revenue in the first quarter of the 2024/25 fiscal year.
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