ADAMA INDUSTRY PARK OFFICIALLY INAUGURATED BY H.E. DR. ABIY AHEMED
Addis Ababa October 07/2018
The industrial park built in Adama, 100 kms east of the capital Addis Ababa, specializing in textiles, apparel and machinery inaugurated.
Prime Minister Abiy Ahmed and Lemma Megersa, chief administrator of Oromia regional state attended the inauguration of the first phase of the park.
The first phase of the park that lies on 102 hectares land has developed by the Industrial Parks Development Corporation.
The park which will be developed in various phases will erect on 2,000 hectares land.Antenx Textile PLC and Charter Ventures Apparel Ethiopia PLC are among the two big companies already occupying some of the sheds.
Besides the area developed by the Corporation huge Chinese company Jiangsu Shinshine Wool Textile PLC and Kingdom Linen Ethiopia PLC are developing their own factory sheds over a lands size of 80 and 32 ha to produce integrated wood Fabric and garments.
As part of the first phase a Chinese industrial park known as Adama-Hunan which specialized on machinery and equipment production is also being developed by Hunan province with Industrial Parks Development Corporation (IPDC).