IPDC inks contract with three companies with over 11bln birr capital

Addis Ababa, December 22, 2022 (FBC) – Industrial Parks Development Corporation (IPDC) of Ethiopia has signed contract with three local companies with over 11 billion birr registered capital.

The agreement was signed by Aklilu Tadesse, CEO of IPDC, and the owners of the companies, which are engaged in pharmaceutical packaging, oxygen and nitrogen production, and printing.

The CEO said that the Peace Agreement signed between the federal government and the TPLF has become instrumental in boosting the investment flow into industrial parks of the country.