Construction of Dilla Industrial Park completed: Corporation

Addis Ababa, January 8, 2021 (FBC) -The construction of Dilla Industrial Park in the SNNP regional state has been completed, the regional Industrial Parks Development Corporation disclosed.

Dilla Industrial Park is one of the parks planned to be constructed in the region with a cost of over half a billion birr. The construction of Yirgachefe Industrial Park is also nearing completion, it was indicated.

A delegation led by Deputy Chief Administrator of Southern Nations, Nationalities and People’s Region, Ristu Yirdaw, visited the on-going works of the construction.

During the visit, General Manager of the Corporation, Birru Wolde said Dilla and Yirgachefe Industrial Parks can accommodate an average of 20 factory sheds.

According to him, the Dilla Industrial Park, whose construction work was commenced two years ago on 20-hectares of land, is now fully completed.

Hence, the park is currently open for investors and associations who are interested in coffee processing, animal husbandry, fruit and honey production, he added.

The parks are also equipped with capacity building centers that render training to farmers in order to modernize the agricultural sector, the manager said.

“So far, more than 400 million birr has been spent for the construction,” he said adding the parks are expected to create jobs for thousands of Ethiopians.

Ristu Yirdaw on his part said the parks are being set up with the intention to supply value added agricultural products and import substitution.

The parks will expand Ethiopia’s share in foreign trade and enhance the benefits of farmers by creating industrial linkages among the parks, he pointed out.

According to Ristu, priority will be given to associations and investors who wish to engage in business activities in the parks that would boost the benefit of farmers.

Ethiopia has been working in the development of industrial parks across the nation with a view to creating more jobs, enhancing foreign direct investment and technology transfer, according to ENA.