Chinese firm starts building 3 factory sheds inside Bole Lemi Industrial Park with $50m

Addis Ababa, November 20, 2020 (FBC) –Shangtext Garment, the second largest apparel firm in China, has begun construction of 3 factory sheds inside the Bole Lemi Industrial Park at a cost of $50 million.

Each shed is being erected on 10,000 square meters of land and they are scheduled to be completed within one year, said the Ethiopian Industrial Parks Development Corporation.

According to the Corporation, the firm will build two more sheds in the second phase.