Founder and President of Huajian Group, which builds the manufacturing zone, Hua Rong Zhang told ENA that the special economic zone is expected to be completed by 2020.
The industry zone is expected to consume one billion US dollars, according to Zhang.
Since its foundation was laid in April 2016 by Prime Minister Hailemariam Desalegn, the industrial zone has gained great attention and support from governments of both Ethiopia and China.
Zhang noted that Ethiopia encourages foreign enterprises and provides good environment for investment adding that it is working with the implementation of proper laws and regulations that create conducive environment for investment.
The park covering a total area of 137.8 hectares in the vicinity of Addis Ababa, has finalized the first and second phases and now entered into its third phase of construction, Zhang noted.
According to the President, the manufacturing zone is well in progress as the construction of factories, dormitories, roads, water and electricity facilities are going according to the plan.
Upon completion, the park will be the new focus of Ethiopian light industry and is expected to produce two billion US dollars in annual export revenue.
Zhang said that the park will be the leading demonstration area in Africa for China’s investment in the development of industrial parks in the continent.
Established in 1986, Huajian Group headquartering in Dongguan, China, specialized in the production of high and middle¬-grade women’s leather shoes.
The President said the company has managed to become “the favorite shoe maker of ladies all over the world”.
Accordingly, through time the enterprise advances from “Made in Dongguan”, to “Made in China” and now to “Made in Ethiopia”.
In 2011 Huajian Group has set up shoe producing factory in Addis Ababa, which created jobs for 4,000 Ethiopians.
The group which has given due emphasis for developing human capital has trained more than 400 Ethiopian employees in three rounds and the fourth batch is receiving training in it’s headquarter in Dongguan, Zhang stated.
The group planned to train 2,000 Africans every year and most of whom will be from Ethiopia.
According to the President, the industry zone is a starting point by Guangdong government, which has a plan to build a larger industrial park and promote more enterprises to invest in Ethiopia.
With 15,000 employees and 40 modern shoe-making production lines, Huajian Group has an annual output of more than 20 million pairs of women’s shoes.
Posted by Amare Asrat