The Industrial Parks Development Corporation and the Asia-Africa Chamber of Commerce have formed a partnership by signing a memorandum of understanding. The CEO of the Industrial Parks Development Corporation, Akilulu Tadese, and the President of the Asia-Africa Chamber of Commerce, GD Singh (Dr.), signed the agreement.
Industrial Parks Development Corporation (IPDC) signed a memorandum or understanding with Tanabe Limited and Suntechno, Japanese companies, to recycle industrial park waste products.
The companies will start the recycling project in Hawassa Industrial Park within the next two months. If the pilot project is successful, it will be expanded to include other industrial parks and Government institutions. The companies are also expected to transfer skill and knowledge to Ethiopians while implementing the project.
Source (including image): IPDC
Industrial Parks Development Corporation (IPDC) is participating in the International Fabric Fair Paris. The Corporation is promoting Ethiopian industrial parks and investment sectors in which investors will be able to engage in.
The fair which is being held in France is hosting more than 900 companies mainly from Europe, India, China, Indonesia, Japan, Turkey, and various other countries.
Source (including image): IPDC
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.
The Ethiopian Industrial Parks Development Corporation (IPDC) is currently reviewing its performance for the first 9 months of the 2022/2023 fiscal year in Jimma City. During the forum the Corporation reported that it generated USD 121.9 million from foreign trade exports in the past 9 months – USD 34 million short of its plan to get USD 156 million in export revenue.
