Safaricom Ethiopia signs a developed land sub-lease agreement with Industrial Parks Development Corporation (IPDC) to construct a new data center in Addis Ababa’s ICT Park on September 15, 2022.
Safaricom Ethiopia and the Industrial Parks Development Corporation (IPDC) signed an agreement today for the transfer of developed land inside the IPDC-ICT park through a sub-lease agreement.
Safaricom Ethiopia will build a Tier-III telco-cloud Data Center and related telecommunication infrastructures on the sub-leased land.
The project would contribute to the ambitious digitalization goals set by the country’s Digital Strategy. The establishment of these Data Centers will help improve the availability of the latest technologies mainly in the industrial parks to support the digitalization process, improving efficiency, transparency, and productivity “We are excited to establish this win-win partnership with IPDC which will allow us to build our third Data Centre in Ethiopia. since Safaricom Ethiopia was awarded the Unified Telecommunications Service License. in July 2021. We commit to continue to collaborate with the CT park and provide latest network generation in agreed Industrial parks to support IPDC initiatives and in creating a smart city within the CT park through targeted trial of innovative technologies.” said Anwar Sousa, CEO of Safaricom Ethiopia.
The construction of a modern data center within the CT Park complements the park’s technological theme and ensures that IPDC enjoys reliable connectivity across all parks and digital spaces; stated CEO of IPDC. Sandokan Debebe.
For further partnership, the two institutions signed a memorandum of understanding that sets the framework for broad areas of collaboration to enable accelerated digitalization through ICT solutions and facilitate Safaricom Ethiopia’s roll-out of network infrastructure in industrial parks throughout the country.
About Safaricom Ethiopia
Safaricom Ethiopia is a purpose Led technology and communication company committed to contributing to Ethiopia’s digital transformation and inclusion agenda. Upon being granted a nationwide full-service Unified Telecommunications Service License in July 2021, Safaricom Ethiopia has been building strong foundations through win-win partnerships to provide services that will transform lives for a digital future and serve all Ethiopians
About the Ethiopian Industrial Parks Development Corporation (IPDC)
The Ethiopian Industrial Parks Development Corporation (IPDC) was established in 2014 as a public enterprise. To activate both pre and post-investment servicing, it avails serviced industrial land. pre-built factory sheds equipped with all-encompassing utilities, and infrastructural facilities that fit international standards, with no compromise on workers’ security and environmental safety.
IPDC, in collaboration with the Ethiopian Investment Commission and Ethiopian Revenue and Customs Authority, and more institutions provide a one-stop-shop service for investors investing in designated industrial parks.
Source: Press Release
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