Aug 3 , 2025
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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