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Ethiopia - Turkish firm proposes huge industrial zone in Oromia
By Kirubel Tadesse
In a move that would further strengthen the growing Turkish businesses presence in the country, a Turkish firm, Akgün Construction and Machinery, has proposed to map a huge Ethio-Turkish industrial zone in the Legetafo area of the Oromia region.
The industrial zone, planned to cover 1,460 hectares in Legetafo, will consist of industries including pharmaceutical producers, garment factories, leather processing units and packaging factories. It will also incorporate technical and vocational training centers, health institutions and hotels.
According to Akgün Construction and Machinery board chairman, Yusuf Akgün, the Ethio-Turkish industrial zone, upon successful completion, has the potential to generate one million jobs.
"The project was warmly welcomed by senior government officials including Prime Minister Meles Zenawi," Akgün said last Monday adding that Ethiopia's effort to attract foreign investors would be highly enhanced through the venture.
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