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Industrial Parks Development Corporation Exceeds Target Revenue

Aug 3 , 2025

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The Industrial Parks Development Corporation (IPDC) reported revenues exceeding 4 billion Br for the 2025 fiscal year, achieving 99pc of its annual target. CEO Fisseha Yitagesu (PhD) announced that export earnings reached over 124 million dollars, accounting for 85pc of the planned 146 million dollars, generated through 11 special economic zones and two industrial parks. Market linkages exceeded expectations, and job creation surpassed 48,900 opportunities, representing 91pc of the goal. IPDC also facilitated the operation of over 80 companies, with 88 currently active and 118 under development. Foreign-owned firms constitute 38pc of the investments, while local investors account for 54pc, and firms owned by both make up 8pc. A strong effort towards import substitution resulted in 18 billion Br in domestic production.

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NBE Expands Diaspora Warning Over Unlicensed Remittance Firms

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Stricter Standards Unveiled for Public Auditors, Accounting Firms

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Export Recovery Gains Ground, Industry Still Lags Potential

The Ministry of Industry (MoI) has reported a modest rebound in Ethiopia's manufacturing exports, with revenues climbing eight percent in the 2025 fiscal year to reach 318 million dollars. Minister Melaku Alebel attributed the growth to a gradual sectoral recovery but acknowledged the figures remain well below the country's industrial potential. Speaking at a forum held with 60 top-performing manufacturers, Melaku said the ministry is working to unlock bottlenecks and improve coordination. Th...

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