(by Andegna.com) The Addis Ababa City Administration is planning construction of seven industrial cluster parks to host at least 130 mid-level industries.
City’s Industrial Development Bureau said a new plan is to help reduce the infrastructure service challenges of telecom, water and electric power supplies by locating them in one place, which the City said most of the industries are dispersedly locate and this has made it difficult and costly to build infrastructural facilities.
In an aimed to solve these challenges the locations of the parks have been identified and construction work will begin soon by the city Administration in Nifas Silk-Laphto, Akaki Kaliti and Bole Sub-cities for the construction of the parks.
The cost of the project is being studied to be covered by the administration in a loan to be gained from the World Bank and other financial institutions.
Image: Addis Ababa @skyscrapercity.com