$10m Workers Dormitory at Bole Lemi IP inaugurated
ADDIS ABABA – A South Korean manufacturing company, Shints Garments, inaugurated dormitory buildings that could accommodate 3,300 workers at Bole Lemi Industrial Park.
The company built 2,700 houses and other facilities needed for residing workers at a cost of 10 million US dollars.
Ethiopian investment commission commissioner Lelise Neme, and CEO of the Industrial Parks Development Corporation, Sandokan Debebe, attended the inauguration event on Friday.
The newly inaugurated housing project would be key to enhance employee retention, and improve productivities at the Industrial Park, officials said.
Shints Ethiopia Plc is one of the major garment manufacturers in the Industrial Park located in the outskirts of Addis Ababa.
CEO of the IPDC Sandokan Debebe described it as the first housing project in Ethiopia’s industrial parks.
“It is an exemplary act to create a friendly environment for employees that other industrial companies are expected to follow the footsteps of Shints Garment to make a difference in all aspects,” he added.
The manufacturing industry is projected to register a 20.6-percent growth by 2030 and the government has a plan to create 1.3 million jobs each year, according to the Industrial Parks Development Corporation.
*update was made to the story on Sunday may 23 to add quotes from IPDC official
