A Consultancy firm based in Addis Ababa
Investors from Kunshan, a city in Jiangsu province of China, are set to build an industrial park dedicated to textile production in the city of Dire Dawa with over half a billion US dollars.
A delegation led by Du Xiaogang, Mayor of Kunshan, has visited Dire Dawa, about 500 km east of the Ethiopian capital, Addis Ababa.
Continue reading “Kunshan Investors To Build Industrial Park In Dire Dawa With Over Half A Billion US Dollars”
The Chinese shoemaker Huajian Group has taken over the management and operational activities of the USD 61 million Jimma Industry Park.
During the signing of the Memorandum of Understanding (MoU) , between the Huajian Group and the Industrial Parks Development Corporation (IDPC), Girma Amente (PhD) vice president of the Oromia Regional State told reporters that a relatively well-established Huajian in Ethiopia is likely to succeed in its acquisition of Jimma Industrial Park’s undeveloped part that encompasses a plot of some 40 hectares.
Continue reading “Huajian takes over Jimma Industry Park”
KPR Group, an integrated textile manufacturing company from India, inaugurated today its plant built at a cost of $2.5 million at the Mekelle industrial park, Tigray regional state.
KPR made its first apparels export from Mekelle industrial park to the European Union market in January 2019. It has so far exported more than 200,000 units in two-rounds, it was noted at the inauguration ceremony.
Continue reading “KPR Group Inaugurates $2.5 million Built Plant In Mekelle Industrial Park”
The Ethiopian Investment Commission (EIC) disclosed that 103 million USD export has been generated from industrial parks in the past nine months.
The performance exceeded that of same period last fiscal year by 40 percent, it was learned.
Continue reading “Ethiopia Earns 103 Million U.S. Dollar Export Revenue from Industrial Parks”
An Ethio-Djibouti Railway cargo train that derailed three weeks ago in East Shewa Zone of the Oromia Regional State caused an estimated 200 million Br to 300 million Br in damage.
A 53-wagon cargo train of the Ethio-Djibouti Railway derailed on April 4, 2019, some 15Km from the town of Metehara, while travelling from Addis Abeba to Djibouti. The derailment of the cargo train and damage sustained by the tracks has completely suspended all railway transportation between the Port of Djibouti and the capital.
Continue reading “Ethiopian Train Derailment Results in Over 200 million Birr in Damage”
The World Economic Forum (WEF) in 2020 will be hosted in Ethiopia, as the Eastern African nation hopes to attract more investment.
The announcement was made following a meeting between Ethiopia’s prime minister, Abiy Ahmed and Prof Klaus Schwab, Founder and Executive Chairman of WEF.
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Ethiopia is set to inaugurate four integrated agro-processing industrial parks built at a cost of $10 billion before June this year, Ministry of Trade and Industry announced on Tuesday. The industrial parks were supposed to be inaugurated last January, but the ministry stated there were delays due to redesigns.
Experts from Amazon, IBM and Nike weigh in on how to stay ahead of the supply chain game.
Every day, every employee at online retail giant Amazon wakes up ready to go to war for their customers. That’s how David Bozeman, vice president of Amazon Transportation Services, describes the laser-like focus he and his colleagues have on customer service, or as Bozeman calls it, customer obsession.
Continue reading “CSMP Edge 2018: How to Build a Future Supply Chain”