IPDC signs MoU with Japanese companies to implement industrial parks scrap recycling project

Addis Ababa, March 8, 2023 (FBC) – Industrial Parks Development Corporation of Ethiopia (IPDC) has today signed a memorandum of understanding with two Japanese companies called Tanabe Limited and Suntechno.

The MoU was signed by Aklilu Tadesse, IPDC CEO, Yoshiasu Tanabe, Executive Director of Tanabe Limited, and Massaru Kane ko, Executive Director of Suntecno.

The MoU includes the implementation of a project for the recycling of waste products from industrial parks, technology and knowledge transfer, and experience sharing, according to IPDC.

It is indicated that the project will commence as a pilot project in Hawassa Industrial Park in the next two months. It will eventually be implemented in other industrial parks and other government institutions where waste products are available.