Domestic, International Companies Enter Industrial Parks

Dec 4 , 2022


An international and two local companies have signed a contract with Industrial Parks Development Corporation (IPDC). The Chinese Long March Electrical Equipment Manufacturing signed to lease a 3,000Sqm shed in Adama Industrial Park, which sits on 365hct. The company invested more than 240 million Br and manufactures electricity meters creating job opportunities for 250 workers. More than 125 foreign and domestic companies inhabit 13 industrial parks, creating job opportunities for 81,000 people. With an investment of more than 205 million Br, the medical equipment manufacturer, NK World Medical Equipment, is to acquire one hectare of land in the Qilinto Industrial Park, offering 210 jobs. Warqa Trading has leased a 5,500Sqm shed at Hawasa Industrial Park to provide yarn products for textile factories.


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