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Special Economic Zones in Ethiopia Substitute Imports, Says Corporation

July 20, 2026

The Industrial Parks Development Corporation (IPDC) has announced that import-substitute products worth more than ETB 26.7 billion were produced within the Special Economic Zones (SEZs) and industrial parks under its administration and supplied to the domestic market during the Ethiopian fiscal year ended July 7, 2026.

The Corporation’s Chief Executive Officer, Dr. Fisseha Yitagesu, made the announcement during the Corporation’s 2025/26 fiscal year performance review meeting held in Hawassa. According to the performance report, the Corporation had planned to supply import-substitute products valued at more than ETB 27.5 billion to the domestic market during the fiscal year. Of this target, products worth over ETB 26.7 billion were manufactured by investors operating within the Corporation’s Special Economic Zones and industrial parks and supplied to the local market.

The report indicates that the volume of products supplied to the domestic market during the fiscal year increased by 44 percent compared to the same period of the previous fiscal year. Among the Special Economic Zones, investors operating in the Bole Lemi, Adama, and Debre Berhan Special Economic Zones ranked highest in supplying import-substitute products to the domestic market.

The CEO emphasized that companies should further expand the volume of products they supply to the domestic market and continue increasing production in the coming fiscal year.

Meanwhile, the report noted that during the fiscal year, the Corporation successfully created sustainable market linkages for more than 152 enterprises and over 5,800 farmers operating within the Special Economic Zones and industrial parks under its administration.

In addition, through the growth achieved in the Corporation’s Special Economic Zones and industrial parks, market linkages have so far been created for more than 100,000 manufacturers and suppliers.

The report also stated that the market linkages established among farmers, manufacturers, and companies facilitated commercial transactions valued at more than ETB 17 billion, representing a 19 percent increase compared to the same period last year.

During the completed fiscal year, products manufactured by investors operating in the Corporation’s Special Economic Zones and industrial parks generated more than USD 266.9 million in export earnings.

Furthermore, the Corporation attracted 166 new investment projects with a combined registered initial capital exceeding USD 750 million and generated ETB 5.8 billion in revenue, demonstrating that the institution is increasingly transforming its potential into tangible national economic growth.

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