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| Industrial parks operated or owned by IPDC. |
Prime Minister
Hailemariam Dessalegn laid a cornerstone for Baeker Integrated
Agro-Industrial Park yesterday in Humera, town of western Tigray State.
Speaking at the
occasion, Prime Minister Hailemariam said the industrial park would play
a role in creating economic integration with neighboring countries
apart from its importance for the national economy.
The premier noted
that the industrial park would also support country's economic
transformation and deter illegal migration by creating jobs for the
youth. The construction of the park worth 2.5 billion Birr is set to be finalized in three -year time.
It was indicated
that the first phase of the project would lie on 258-hectare of land
while the entire project rests on 1,000- hectare.
The industrial park
will include agro-processing factories to utilize the rich sesame and
other agricultural produce cultivated in a 254,000-hectare farmland.
The park is set to export value-added agricultural products to the international market and substituting imported ones.
It also would be provided with the necessary infrastructural development and one-stop government services, it was learnt.
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