Today marks the official opening of the first car assembly plant in the Dire Dawa Free Trade Zone.
The company was officially inaugurated in the presence of IPDC CEO Mr. Sandokan Debebe, Dire Dawa City Administration Mayor Mr. Keder Jewar, and other region and company officials.
On August 14, Ethiopia established its first Free Trade Zone in Dire Dawa. By increasing import and export trade, the Dire Dawa Free Trade Zone is expected to benefit the entire Ethiopian economy.
The Dire Dawa FTZ is one of several Free Trade Zones and Special Economic Zones planned for the country. The city was chosen because of its proximity to ports, market potential, high cargo gravity, and suitability for multimodal transportation and logistics operations.
The industrial park is located on 150 hectares of land 445 kilometers from Addis Ababa. The park, which opened in 2018 with 15 factory sheds, specializes in garment, apparel, and textile manufacturing and is home to businesses from China, Italy, Sri Lanka, and Ethiopia.
The opinions expresses here in the post "Dire Dawa Free Tade Zone Inaugurates the First Car Assembly Plant" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.