Another Industrial Park Springs into Operation

Mar 23 , 2019

Yirgalem Integrated Agro-Industrial Park, built at a cost of 1.4 billion Br, will become operational next month. Located in Yirgalem Town, Sidama Zone, the park is designated for processing coffee, dairy products, meat, honey and fruits and vegetables. All the products will be exported. The park is expected to process up to 233,000tn of products a year and generate 6.2 billion Br. Two factories will process avocado and honey production beginning in April, according to Biru Wolde, CEO of the SNNP Regional State Industrial Parks Development Corporation. The country has plans for 11 industrial parks with an estimated cost of 30 billion Br. Seven parks have been completed, and five have begun operations, including Hawassa, Bole Lemi I, Kombolcha, Meqelle and Adama.


DDR Initiative Gets 16m Boost

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Central Bank Launches Youth Enterprise Forum

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ArifPay Takes a Leap with Massive Capital Boost

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