ADDIS ABABA – Bahir Dar industrial park, which is being constructed by the Chinese Construction Engineering Corporation (CCECC), is nearing completion with a Hong Kong based company entering agreement to exclusively take entire sheds and begin operation in less than a month.
The park situated on about 75 hectares of land has been under construction for two years. And it is ready for commencing operations shortly, said Amare Asgedom Deputy Chief Executive Officer of Industrial Parks Development Corporation of Ethiopia (IPDC).
A Hong Kong based company is entering Memorandum of Understanding with IPDC to fully take the sheds and begin manufacturing. The company is known for its quality bra products, Amare added.
The company is preparing to offer training and commence production that requires it to create over 4,000 jobs.
Infrastructural facilities are being installed properly and effectively to avoid service disruptions, Amare said adding that the park requires 8 MW of energy and power distribution facilities are being installed and supply the need amount of power for nearby areas. Everything is going smoothly with regard to water and telecommunication installations.
The park has consumed about 64 million USD so far and over 75 hectares of land cleared for planned expansion projects.
“The construction is almost finished and we are preparing to hand over to IDPC. The quality is according to the standard and everything is put in place,” said Bahir Dar Industrial Park, Project manager, Song Yong Xian.
One of the very problem faces the construction has been the rocky nature of the land. This has contributed to the delay of the construction a bit. However, now that the construction is nearing completion, the company is awaiting a go ahead to begin planned expansion project.
The Ethiopian Herald Sept 13/2019
BY DESTA GEBREHIWOT
