The Ministry of Industry announced that three Integrated Agro Industrial Parks (IAIPs), Bure, Bulbula, and Yirgalem, were open to investors. Bure IAIP, which is situated in Amhara Regional State and built at a cost of Birr 8 billion, has already attracted the interest of 103 investors.
Investors with over Birr 2.6 billion in capital are set to begin coffee and tea production in Jimma Special Economic Zone (SEZ), the Industrial Parks Development Corporation of Ethiopia (IPDC) announced.
The Oromia Industrial Parks Development Corporation (OIPDC) has signed agreements with five investors to invest in 11 sectors at the Bulbula Integrated Agro Industrial Park (BIAIP). The agreements were signed by OIPDC CEO Senayt Mebre and the head of Oromia Investment and Industry Bureau Ahmed Idris.
Dire Dawa is witnessing a surge in investment activity, with investors who registered capital exceeding Birr 60 billion during the first half of the fiscal year now commencing operations, according to the city's Commerce, Industry, and Investment Bureau.
The Ethiopian Ministry of Finance, in collaboration with the Ethiopian Sugar Corporation, has issued an invitation of sealed responses to its Request for Information (RFI), aimed at "completing the necessary pre-privatization activities" of 13 sugar projects. Some of the mentioned projects are fully completed and operational, while the rest are partially completed.
