<\/p>\n

The Adama Industrial Park, located about 100 kilometres to the south-east of the capital Addis Ababa, was officially inaugurated on Sunday 7 October. The site is situated close to the Ethio-Djibouti railway line.<\/p>\n

The Adama Park joins others like the flagship Hawassa Industrial Park and the Bole Lemi I Industrial Park. Its scope will be the textile, apparel, vehicle assembly and food processing cluster.\u00a0<\/span><\/p>\n

Prime Minister Abiy Ahmed and Lemma Megersa, chief administrator of Oromia regional state, attended the inauguration of the first phase of the park.<\/p>\n

<\/p>\n

The construction of the park started two years ago and took over\u00a0 4.1 billion Birr ($140 million US). It\u00a0is expected to create jobs for 25,000 individuals and generate more than 38 million USD from the export of goods.<\/p>\n

The first phase of the park that lies on 102 hectares land has developed the Industrial Parks Development Corporation.<\/p>\n

Antenx Textile PLC and Charter Ventures Apparel Ethiopia PLC are among the two big companies already occupying some of the sheds.<\/p>\n

In addition to these companies, the famous Japanese accessory manufacturers WKK is under preparation to commence production.<\/p>\n

Jiangsu Sunshine Wool Textile PLC and Kingdom Linen Ethiopia PLC are also developing their own factory sheds over a lands size of 8 and 32 ha to produce integrated wood Fabric and garment close.<\/p>\n

As part of the first phase, a Chinese industrial park known as Adama-Hunan which specialises on machinery and equipment production is also being developed by Hunan province.<\/p>\n

Enterprises that will rent the sheds in the park will be supplying their textile and apparel products to globally renowned companies such as PVH, H&M, ZARA, DECATHLON, CALZEDONIA, WALMART and COSTCO.<\/p>\n

The project is part of the effort to make Ethiopia the leading manufacturing hub in the continent of Africa.<\/p>\n

Apart from their contributions to job creation for the youth, industrial parks are essential for technology transfer, PM said in his speech at the inaugural ceremony.<\/p>\n

 <\/p>\n

 <\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Adama Industrial Park, located about 100 kilometres to the south-east of the capital Addis Ababa, was officially inaugurated on Sunday 7 October. The site is situated close to the Ethio-Djibouti railway line. The Adama Park joins others like the flagship Hawassa Industrial Park and the Bole Lemi I Industrial Park. Its scope will be …<\/p>\n","protected":false},"author":16,"featured_media":12153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-12152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-embassy-news"],"jetpack_featured_media_url":"https:\/\/ethiopianembassy.be\/wp-content\/uploads\/Do43VPOXsAU-_8V.jpg","_links":{"self":[{"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/posts\/12152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12152"}],"version-history":[{"count":1,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/posts\/12152\/revisions"}],"predecessor-version":[{"id":12155,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/posts\/12152\/revisions\/12155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=\/wp\/v2\/media\/12153"}],"wp:attachment":[{"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethiopianembassy.be\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}