French company to build malt house with EUR 70 million in Bole Lemi II industrial Park

A foundation for a malt house to be built with EUR 70 million at Bole-Lemi II Industrial Park was laid on Wednesday.

Soufflet Group Company CEO, Jean Michel Soufflet said on the occasion, “the plant covers 10 hectares of land that is found in a strategic location in the outskirts of Addis Ababa, which is very close to barely growing areas.”

He added that the company will begin operation in 2020.

Soufflet noted that the production of malt locally will help reduce the amount of imports, which currently accounts for 70 percent of the market.

According to him, as the supply of local malt is not enough to meet the demand, Soufflet Malt Ethiopia will support 15,000 farmers to produce 30,000 tons of barely for malting in 2019, and will be working with 40,000 farmers by 2020 to produce 80,000 tons of barley.

The malt house construction is going to create job opportunities for 300 job seekers, it was learned. (ENA)

Mar 16, 2019

SOURCE: IPDC

 Debre Birhan Industrial Park Inaugurated

 

Prime Minister Dr Abiy Ahmed and President Uhuru Kenyatta; together with Chief Administrator on Amhara regional state, Gedu Andargachew inaugurated the Debre Birhan Industrial Park.

The Prime Minister in his opening remarks on the occasion of the Victory of Adwa and the inauguration of the Debre Birhan Industrial Park called upon all to shine the light of love, peace and unity.

He unveiled the 6 pillars of peace, democracy, prosperity, national unity, justice and national pride as the direction the Government will be working on for the next years, highlighting that this will require the tenacity and commitment of all.

President Kenyatta applauded Prime Minister Dr Abiy for his leadership in spearheading the changes and committed Kenya’s support to the vision of prosperity and unity in the region.

The Debre Birhan Industrial Park was built on a total of 75 hectares of land and has currently 8 production sheds completed, according to office of the Prime Minister.

This joint inauguration, which follows similar ones with the leaders of other East African countries, marks the continued strengthening of relations and regional integration, the office added.

The park, which was built at a cost of more than 75 million US dollars, will also create job opportunities for about 5,000 Ethiopians.

Ethiopia plans to increase the number of industrial parks to 30 so as to make the country a manufacturing hub and lower-middle-income economy by 2025.

The country so far built and commissioned five industrial parks.

Mar 2, 2019

SOURCE: Fana broadcasting

 Six industrial parks to go operational after three months

 

Addis Ababa, November 26, 2018 (FBC) –About 6 industrial parks will be completed and go operational after three months, said Ethiopia’s Indusial Parks Development Corporation (IPDC).

Out of the 11 industrial parks which the country has planned to build with 30 billion birr in the first phase, five of them have started production.

According to Lelise Neme‏, Chief Executive Officer of the corporation, the remaining six parks will go operational in the coming three months.

The six parks are the Diredawa, Jimma, Bole Lemi, Deberbirhan, Bahirdar and Klinto she said.

Due attention will be paid towards creating employment opportunities for the local community and ensuring investors’ benefit, the CEO told FBC today.

Nov 26, 2018

SOURCE: Fana broadcasting

 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).

 

 

Gold Medalist Graduates Discussed with IPDC Officials 

 

Industrial Parks Development Corporation (IPDC) CEO Lelise Neme and DCEO Shiferaw Solomon have discussed with above 400 Gold Medalist Graduates from Government and Private universities on July 25/2018. Objective of the Meeting was to create awareness on the basic objective of the development of Industrial parks. Furthermore, the Gold medalist Graduates visited Bole Lemi I industrial park and they planted trees in the compound of Bole Lemi industrial park II which is under construction.

Source: IPDC, August/2018

 

Agreement signed for Construction of Bahir-Dar Industrial Park with $60mln

 

The Ethiopian Industrial Parks Development Corporation and the China Civil Engineering Construction Corporation Ltd (CCECC) signed an agreement for the construction of Bahir-Dar industrial park in Amhara regional state at a cost of 60 million US dollars.

According to the agreement, 8 factory sheds will be built within the industrial park that will rest on 75 hectares of land. The construction of the park, including related infrastructures, will be finalized within nine months.

Mr.Sisay Gemechu, Chief Executive Officer with the rank of State Minister of Ethiopian Industrial Parks Development Corporation, said the park will be build based on the goals and strategies stipulated nationally.

Director General of CCECC for Ethiopia, Mr. Allen Lee, for his part said his company will finalize the construction of the park as per schedule.

Up on completion, the Bahir-Dar industrial park will create employment opportunities for more than 20,000 people, it was noted.

Source: IPDC and FBC, June/2017

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