Chinese built industrial park to start operation in northern Ethiopia - Xinhua - News Summed Up

Chinese built industrial park to start operation in northern Ethiopia - Xinhua


Source: Xinhua| 2017-12-07 04:21:14|Editor: yanVideo Player CloseADDIS ABABA, Dec. 6 (Xinhua) -- Kombolcha Industrial Park (KIP), in Ethiopia's northern Amhara regional state will start production in February 2018, an Ethiopian official said on Wednesday. The industrial park built at a cost of 90 million U.S. dollars by China Civil Engineering Construction Corporation (CCECC) on 75 hectares of land was inaugurated in July 2017. Once operational, KIP is expected to employ 20,000 employees attracting textile and garment firms from the likes of China, U.S. and South Korea. Located 376 km north of Ethiopia's capital city, Addis Ababa, the industrial park is part of Ethiopia's efforts to have a manufacturing development belt along rail lines connecting it to neighboring Djibouti port. Ethiopia is currently preparing to start commercial operations on the Chinese financed and built Ethio-Djibouti electrified rail line.


Source: Ethiopian News December 06, 2017 21:00 UTC


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