Japanese Firms to Recycle Waste Products in Ethiopian Industrial Parks
ADDIS ABABA – Two Japanese firms Tanabe Limited and Suntechn, agreed to engage in recycling waste products in Ethiopian industrial parks.
The two firms signed a memorandum of understanding with the Industrial Parks Development Corporation (IPDC) to implement the recycling project.
The Corporation currently manages 12 state-owned industrial parks across the country, hosting both local and international manufacturing firms.
IPDC’s CEO Aklilu Tadesse and Executive Directors of the two firms -Yoshiasu Tanabe of Tanabe Ltd and Massaru Kane ko of Suntecno – signed the MoU in Addis Ababa on Wednesday.
The agreement will allow the Japanese firms to engage in recycling of waste products from industrial parks.
Within two months, the duo will first implement a pilot project in Hawassa Industrial Park, located more than 270 kilometers South of Addis Ababa.
The project will then be transferred to other industrial parks as well as other government institutions where waste products are available, said the IPDC.
The MoU involves partnership technology transfer as well as exchange of knowledge and experience exchanges in the sector.
Featured Image: The recycling project will start as a pilot in Hawassa Industrial Park in the next two months. (Photo File)
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