Indian Investors Eye Pharmaceutical Manufacturing in Ethiopia’s Kilinto Industrial Park

ADDIS ABABA: A group of Indian investors in the pharmaceutical manufacturing sector has shown interest in investing in Ethiopia's Kilinto Industrial Park. This interest was expressed following their visit to the park, located on the outskirts of Addis Ababa.

According to Ethiopian News Agency, Kilinto Industrial Park, one of Ethiopia's 13 government-developed parks, specializes in pharmaceuticals. During their visit, the investors were thoroughly briefed on the park's services, investment policies, incentives, and modern infrastructure.

Zemen Junedin, Deputy CEO of Investment Promotion and Marketing at the Ethiopian Industrial Parks Development Corporation (IPDC), informed the investors that Kilinto Industrial Park has been specially equipped for the pharmaceutical sector, reflecting the Ethiopian government's high priority for this industry. He emphasized that IPDC is committed to providing comprehensive support to both international and local investors interested in the sector.

The Indian investors expressed their satisfaction with the infrastructure and services available in the park and showed a keen interest in investing there. Kilinto Industrial Park already hosts a range of international and local companies and investors in the pharmaceuticals sector, as reported by IPDC.