WSWS: Made in Ethiopia—or anywhere else in the world – Xinyan Yu (National Fellow at New America*), Max Duncan (Reuters in China), Eastern Industry Park
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Industrial park showcasing Chinese extensive investment participation in Ethiopia
Read More »In addition to the 12 industrial parks built by the government and managed by the Industrial Parks Development Corporation and regional governments and the Diredawa Free Trade Zone, there are also industrial parks built and managed by private investors in various areas of Ethiopia. One of these private industrial parks is Eastern Industry Park. The industrial park is located in Dukem area, and 153 companies are engaged in production activities in the park. 95% of the companies are owned by Chinese investors, while the rest are owned by companies from India, England, and other countries. These producers are contributing significantly in terms of job creation, foreign exchange earnings, technology, and knowledge transfer.