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IPDC Set Up a New One-Stop Industrial Parks Service Regulation

IPDC Set Up a New One-Stop Industrial Parks Service RegulationPhoto: The Ethiopian Herald

Industrial parks operated or owned by IPDC in this country.

By Zelalem Girma

Providing one-stop services to investors makes them more competitive and productive. The Industrial Parks Development Corporation (IPDC) said that it has set up a new regulation to enable investors obtain one-stop government services in industrial parks.

The Ethiopian Industrial Parks Development Corporation (IPDC) was established in 2014, as a public enterprise. Inspired from the full support of government, IPDC is becoming an engine of rapid industrialization that nurture manufacturing industries, to accelerate economic transformation, promote and attract both domestic and foreign investors.

The draft regulation was tabled yesterday for discussion with concerned sector administration representatives.

On the occasion, Commissioner Fitsum Arega said that the regulation would help investors to be more productive cutting cost and time spent on accessing various government services.

Fitsum also said that the regulation aims at coordinating the task of over 40 government offices in a bid to render a one-stop service. "If our parks grow steadily like the Chinese's ones, they will make one of Africa's industrial parks hub."

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