Agreements signed for the construction of three industrial parks

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Agreements were signed on Friday 20 January 20 for the construction of three industrial parks, to be built at Kilinto on the outskirts of Addis Ababa, the second at Bole Lemi Phase-II and the third at Jimma in the Oromia Regional State.

They will be built at a cost of 10.5 billion birr over the coming year.

The Kilinto and Bole Lemi parks will be built with a loan secured from the World Bank; the federal government will cover the cost for the Jimma industrial park.

Kilinto Industrial Park will cover 279 hectares and manufacture drug and medical equipment; Bole Lemi Phase –II (covering 170 hectares) and Jimma (75 hectares) will be for garment and textile production.

Source: MFA Ethiopia

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