Ethiopia is set to build four more industrial parks in the recently commenced fiscal year, the Ethiopian Industrial Parks Development Corporation (IPDC) made known. IPDC made the announcement after reviewing last year’s performance of industrial parks in Ethiopia with scholars and stakeholders.
Ethiopia is going to construct the fourth wind farm for the country that will generate 120 megawatt at an outlay of 257 million USD. The wind farm is going to be built in Somali State.
Ethiopia's Oromia Industrial Parks Development Corporation inked an agreement for the construction of an agro-industrial park resting on 250 hectares of land at a cost of 7.8 billion birr. The industrial park, which is to be built in the town of Nekemte, will be constructed by Walabu Construction Share Company.
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) announced that it would start construction of dry port terminals in Hawassa and Jimma within the next few months. Expansion works are also underway on 8 existing dry ports to facilitate logistics and meet the demands of customers.
The Ethiopian government has announced plans to begin construction on a new fertilizer factory in Oromia Regional State, in two weeks. The new factory will be constructed by the Ethiopian Metal and Engineering Corporation.
The Coal Phosphate Fertilizer Project Office has been studying the feasibility of a fertilizer factory in the area for over ten years. Studies in socio-economic, environmental and geological impact were conducted in association with Chinese companies including China National Complete Plant Import and Export Corporation (COMPLIANT) and Ging Sion Explorer.
