Sunday, October 11, 2026

IPDC Commits to Enhancing Involvement of Fujian Investors in Ethiopia

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. (FBC)

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

​Eritrea urges UN security council to impose chapter VII sanctions on Ethiopia

​Eritrea has formally petitioned the United Nations Security Council...

Developing economies face sharper slowdown as growth slips to 4% in 2026

United Nations Trade and Development (UNCTAD) has warned of...

Guterres calls for immediate halt to hostilities, warns against regional escalation

UN Secretary-General António Guterres expressed that he is “gravely...

FX volatility, capital pressures mount for enterprises following reforms

Berhanu Denu, an Economist at Addis Ababa University Import-dependent enterprises...

Engineers call for AI, BIM adoption to address skill gaps

Engineering leaders have called for the rapid adoption of...

A cabinet must deliver, not merely govern

Ethiopia’s newly formed federal government arrives at a moment...

Effective Altruism and the Global Economy: Can Wealth Do More Good?

The global economy has a strange contradiction at its...
spot_img

Related Articles

Popular Categories

spot_imgspot_img