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Turkish investors to build industrial park in Tigray with €750 mln

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Addis Ababa, October 31, 2018 (FBC) – Investors from Turkey are going to build an industrial park in southern Tigray zone at a cost of 750 million Euros.

The industrial park to be established on 500 hectares of land in Ade Gudem town, Hintalo woreda (district), will be fitted with latest technologies.

Kelelie Hagaze, administrator of Hintalo woreda, said his office is ready to prove the necessary support, including granting the land needed to build the park.

Construction of the park will commence in March.It will be fully completed in two years time, it was noted.