Over 40 Investors to Enter Bulbula Integrated Agro-Industrial Park

ADDIS ABABA – At least 42 businesses and private developers have expressed their readiness to enter the Bulbula Integrated Agro-Industrial Park (BIAIP).

The investors made this official during an event the ministry of Industry held to promote the Integrated Agro-industrial park which was inaugurated in May, 2021.

The Park, built on 271 hectares of land in Western Oromia, has been fully equipped with the necessary infrastructures and facilities to accommodate 135 investors.

Industry Minister Melaku Alebel said 94 investors have already registered to enter the agro-industrial park.

Of these investors, he said 6 have already started operations in the park, commissioned for processing of agro-value chains that include fruits and vegetables, dairy, honey and poultry.

The government has recently stepped up investments in Agro-industrial parks as per its plan to ensure economic transformation, officials said.

Bulbula, Yirgalem and Bure Integrated Agro-Industrial parks have gone operational after their constructions completed in the last three years.

Three factories – that entered the Agro-Industrial Parks have started production – are exporting their products to the international markets.

These factories have generated 16.2 million US dollars in the past two years, according to the ministry of industry.

At least 114,000 smallholder farmers linked with the industrial complexes to supply agricultural inputs are also generating income, Melaku added.

Featured image: A file photo of Bulbula IAIP.

One thought on “Over 40 Investors to Enter Bulbula Integrated Agro-Industrial Park

Comments are closed.