Ethiopia to build three industrial parks in drive to become manufacturing hubEthiopia has placed orders worth 10.5bn birr ($650m) for three industrial parks, each of which will be built by a different Chinese contractor. Two of the parks will be in Ethiopia’s capital city, Addis Ababa, while the third will be in Jimma, about 200km to the south-west. The other park in Addis Ababa is the 337ha Kilinto, which will make pharmaceuticals and medical equipment. Sisay Gemechu, chief executive of the Ethiopian Industrial Parks Development Corporation, told reporters that the work would be partly financed by a $158m loan from the World Bank. Image: Ethiopia is using industrial parks to kick-start its manufacturing sector (Ethiopian Investment Commission)Further reading:

Source: Ethiopian News January 27, 2017 11:20 UTC