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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.

The Industrial Parks Development Corporation (IPDC) says it attracted more than USD 377 million in new investment during the first half of Ethiopia’s 2025/26 fiscal year, drawing 64 investors into the special economic zones and industrial parks under its administration.

Industrial Parks Development Corporation revealed that the performance of industrial parks had begun showing improvement after a period of relative stagnation. The CEO of the Corporation, Aklilu Tadesse, said that Ethiopia was able to see improvements because investors were able to access markets other than the United States where the country was a beneficiary of the African Growth and Opportunity Act (AGOA).