Ethiopia Plans to Double Its Industrial Parks by 2018July 14, 2017 - The number of industrial parks in Ethiopia will grow to 15 by June 2018, said Arkebe Oqubay, Board Chairperson of Ethiopian Industrial Park Corporation (EIPC). Mekelle and Kombolcha industrial parks were both built by China Civil Engineering Construction Corporation (CCECC) at a cost of 100 million U.S. dollars and 90 million dollars respectively. "In January 2018 Kilinto Pharmaceutical and Bole Lemi 2 industrial parks will be commissioned, by May Bahir Dar and Jimma industrial parks will be operational, and in June expect Debre Birhan and Arerti industrial parks to start operations" said Oqubay. The two industrial parks are also being constructed by CCECC at a cost of 190 million and 125 million dollars respectively. "Industrial parks will initiate fast economic growth and enable structural economic change through a high tech manufacturing industry," said Oqubay.

Source: Ethiopian News July 14, 2017 13:52 UTC