A logistics centre and manufacturing facilities are set to be developed in the Geda Special Economic Zone built by China Civil Engineering Construction Corporation (CCECC).
Geda Special Economic Zone (GSEZ) is located 65Km east of the capital with the aim of connecting it with Mojo, Adama, and Shashemane towns.
The five-year project will be developed on the 1,000hct land inside the Zone which is half the size of Addis Abeba and six folds of Adama town.
Last week, Guo Chongfeng, general manager of CCECC Ethiopia, and Motuma Temsgen, director general of the Gada Special Economic Zone (GSEZ) inked a deal. The signing ceremony saw the attendance of Shimelis Abdisa, president of Oromia Regional State, Girma Birru, senior economic advisor to the Prime Minister and Zhao Zhiyuan, Chinese Ambassador to Ethiopia.
Shimelis disclosed that the project will open doors for investment while Zhao indicated that the project will further tie the long partnership between China and Ethiopia, facilitating the industrialisation and investment of the Oromia regional State.