Kilinto pharmaceutical industrial park reaches 75/100 completion - EthioArtist

Kilinto pharmaceutical industrial park reaches 75/100 completion

 

 

Ethiopia, Addis Ababa, December 23, 2017 (FBC) – About 75 percent of the Kilinto pharmaceutical industrial park project has been completed, said the Ethiopian Industrial Park Development Corporation (EIPDC).

The industrial park is under construction on 270 hectares of land at Kilinto, on the outskirts of Addis Ababa, by the China Tiesiju Civil Engineering Group at a cost of 5.5 billion birr (approximately $203.7 million) loan secured from the World Bank. 

According to the Corporation, the construction of the park will be completed in the coming three months. 

Ethiopia import about 80 percent of its medicines from abroad, ENA said.  The construction of the park would help the country to generate foreign currency, besides meeting local demands, the Corporation said. 

Translated and posted by Amare Asrat

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