The construction of Bulbula Integrated Agro-Industrial Parks, a 12 billion birr project, in East Showa Zone, Oromia Regional State, will be finalized in the coming June, after five months of delay, Oromia Industrial Parks Development Corporation announced.
According to Kefyalewu Tulu, CEO at Oromia Industrial Parks Development Corporation reasons for the delay are foreign currency shortage, lack of experience in agro-industry projects and challenges in designing.
The agro-processing park which is one of the four projects commissioned by the government, under construction in Adami Tulu District of East Showa Zone will be completed in four months and will be operational soon, he added.
The construction of the park has three sections, Kefyalewu said. The first phase of the which includes the development of administration buildings, shops, training centers, and warehouses reached 60.57 percent.
The second phase construction of infrastructures, including road, water, electric lines, and sewage disposal lines, is underway with 46.44 percent, according to Kefyalewu.
IAIPs will provide modern infrastructure, and support services to companies, as well as provide opportunities for skills development, and help attract domestic and foreign investment. Four such parks are being established within the framework of the Program for Country Partnership for Ethiopia.
In order to speed up rural transformation, the country plans to build 17 IAIPs nationwide.