Preparation phase for officially launching the first free trade zone in Ethiopia has been completed This was stated by Mr. Kiya Tekalign, who is a strategy consultant at the Industrial Parks Development Corporation.
In the past 2 years, efforts made to get local manufacturing companies to enter industrial parks have yielded results.
The first vehicle assembly business in the Dire Dawa Free Trade Zone has been formally opened and has begun operations with a 700 million US dollar investment.
Corner stone was laid at Bole Lemi Industrial Park to build a medical equipment manufacturing facility that will be completed less than a year.