Ten Global Companies Sign MoUs to Set Up Factories Inside Kilinto Industrial Park

Ten global companies have signed memorandum of understanding (MoUs) with the Ethiopian Investment Commission (EIC) to set up factories inside the Kilinto Pharmaceutical Industrial Park.

With a total size of 337 hectares, the industrial park is nearing completion, said Temesgen Tilahun, Deputy Commissioner of the Ethiopian Investment Commission.

Once completed, the Kilinto Pharmaceutical Industrial Park will have the capacity to accommodate more than 1,000 factories.

Located in the south of Addis Ababa, Kilinto is being developed in two phases in collaboration with the World Bank Group.

[fanabc.com]