The Industrial Parks Development Corporation (IPDC) has announced its dedication to increasing the engagement of investors from Fujian province in Ethiopia.
During a meeting with senior officials from Fujian, CEO Fissheha Yitagesu (PhD) emphasized that the IPDC will offer support and undertake monitoring and follow up to ensure greater participation of investors from Fujian in Ethiopia.
To facilitate these investments, the IPDC has established international-standard manufacturing facilities and allocated cultivated land within its Special Economic Zones, complete with various incentives to attract investors.
The CEO assured the delegation of the corporation’s commitment to provide all the necessary support to investors of the province who decide to invest their resources and expertise in Ethiopia.
Huang Wenhui, Vice-Chairman of the Political Consulate of Fujian province and head of the delegation remarked that Ethiopia’s reforms aimed at attracting foreign direct investment, alongside the transformation of industrial parks into special economic zones, present significant opportunities for Fujian investors.
He noted that the extensive experience of Fujian investors in sectors such as agriculture, textiles, and electric vehicle assembly will further empower them to operate effectively in the region.
Source: FBC
