IPDC leases three sheds in Debre Birhan Industrial Park to a China company

Addis Ababa, July 21, 2021 (FBC) – Industrial Parks Development Corporation (IDPC) has signed an agreement with a Chinese Company, Shang Cheng Ltd, to lease factory sheds in Debre Birhan Industrial Park.

The agreement has been signed by the CEO of IDPC, Sandokan Debebe, and Shang Cheng’s General Manager, Candy Zhao.

Debre Birhan Industrial Park has started operations at end of 2019, with 8 factory sheds rented out to different Investors from China and France. It specializes in Apparel & Garment and 100pct exportable products.