Ministry Avails Three Integrated Parks to Local Investors

Aug 18 , 2024

Ministry of Industry announced plans to transfer sheds within three integrated agro-industrial parks (IAIPs) across the country that have thus far consumed over 32 billion Br. Bure, Bulbula and Yirgalem industrial parks in Amhara, Oromia and Sidama regional states, respectively, have been set up with the goal of linking small-scale farmers with modern processing industries for the production of value-added products and are equipped with essential infrastructure. Ayalneh Abawa, director of the Planning and Information Management Directorate at the Ministry announced plans to expand the industrial park infrastructure with an additional budget of 20 billion Br. The investment will be put towards building more sheds and facilities within existing parks, as well as the development of new IAIPs in other strategic locations across the country. Ayalneh disclosed the plan last week, during a panel discussion at the Ethiopian Agricultural Investment Forum held at Millenum Hall, Airport Rd. "We are committed to creating an environment that prevents investors from facing input-related challenges," he said.