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African Dev’t Bank Extends 15 Mln USD Grant for Ethiopia’s Agro-Industrial Parks Project

Published on December 19, 2018

Ethiopia and African Development Bank (AfDB) have signed 15-million-USD grant agreement to finance the integrated Agro-Industrial Parks Support Project (IAIPSP). Signing the agreement today, Finance Minister Ahmed Shide said the project fits very well with the national vision as it focuses on supporting the development of the four Agro-Industrial Parks located in Amhara, Oromia, SNNP and Tigray regional states.

The sites are Bure (Amhara), Bulbula (Oromia), Yirgalem (SNNP), and Baeker (Tigray), it was learned. The project will strengthen the agro-industrial parks link with producers and Small and Medium Enterprises with strategic industrial clusters, the minister added. Read more. Source | Ethiopia News Agency

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