Stake holders meeting held in Hawassa Industrial Park (HIP)

May 16, 2019 a Kick of meeting was made in Hawassa Industrial park with the city Administration in order to plan and work together to support the manufacturing sector and create an awareness for the residents of peoples in the city.

A total of 114 participants among which 72 Government officials, 8 youth’s representatives and 34 stakeholders within the Industrial Park participated in the meeting. On top of that participants visited the compound and factory sheds that are manufacturing and creating jobs to the Youth.

Finally, officials of Hawassa Industrial Park, community members and representatives of youths reach consensus to work hand in hand and cooperate with the Industrial Parks management.

May 16, 2019

KPR Group Inaugurates $2.5m Built Plant in Mekelle Industrial Park

Addis Ababa, May 13, 2019 (FBC) –KPR Group, an integrated textile manufacturing company from India, inaugurated today its plant built at a cost of $2.5 million at the Mekelle industrial park, Tigray regional state.

KPR made its first apparels export from Mekelle industrial park to the European Union market in January 2019. It has so far exported more than 200,000 units in two-rounds; it was noted at the inauguration ceremony.

Dr. Debretsion Gebremichael, Deputy Chief Administrator of Tigray regional state, stated that the inauguration of the plant would contribute a lot is assisting Ethiopia’s industrial transformation.

The company has created employment opportunities for more than 700 people, it was stated.

May 13, 2019

SOURCE: Fana broadcasting

 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