Bole Lemi Industry Zone Construction Accord Singed

The Ministry of Industry signed on Thursday Bole Lemi 2nd round Industry zone construction with various contractors. The construction agreement was signed with 14 contractors and a consultant engineer.

The industry zone expected to occupy 156 hectares of land would be constructed at a cost of 1.8 billion Birr.

All the construction work would be undertaken by domestic contractors except a Chinese contractor for the road construction, it was noted.

On the occasion, Industry Minister Ahmed Abitew said the construction of the industry zone would help to attract more foreign investors. He also urged the contractors to complete the construction within the schedule.

State Minister of Industry Minister Sissay Gemechu for his part said some of the shades to be built are already paid for by foreign investors. The contractors given the project are those who have shown better performance before, he said.

According to Sissay, the first round industry zone of Bole Lemi had already gone operational and products from there are on international market.

The construction is expected to be finalized within the next six months.
Source: Ethiopian Radio and Television Agency (ERTA)