Local Firms with 11.4bln Birr Capital Enter Industrial Parks
ADDIS ABABA – The Industrial Parks Development Corporation (IPDC) has signed lease contract agreements with three manufacturing companies joining industrial parks.
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Ethiopian Monitor
Daily News from Ethiopia
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Agro-processing Firm to Invest 500mln Birr in Bahir Dar IP
Paron Trading, a local private company, has landed a lease agreement to invest in agro-processing in Bahir Dar Industrial Park.
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Africa Bamboo to Set up Production Plant at Hawassa IP
ADDIS ABABA – Africa Bamboo Plc has entered Hawassa Industrial Park to produce housing and construction materials.
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China’s Light House Garment Enters Adama IP to Produce Apparel, Textile
ADDIS ABABA – Light House Garment Manufacturing, a Chinese firm, has signed a shade lease agreement to install an apparel and textiles production plant at Adama Industrial Park.
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Lelise Replaces Abebe as head of Investment Commission
ADDIS ABEBA – Lelise Neme has replaced Abebe Abebayehu as head of the Ethiopian Investment Commission (EIC).
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