Business Delegation Visits Bole Lemi Industrial Park

Addis Ababa, July 26, 2025

The delegation from the 3rd Africa Trade and Investment Summit (ATIS) visited the Bole Lemi Industrial Park, a cornerstone of Ethiopia's industrialization efforts and a key driver of economic growth. Upon arrival, they were warmly welcomed by park officials, who provided an overview of the park's development and its significance in the region.

The delegation toured the various facilities within the industrial park, observing the diverse range of industries represented, including textiles. They were particularly impressed by the state-of-the-art infrastructure and the park’s commitment to creating an enabling environment for both local and foreign investors.

During the visit, discussions centered on the investment opportunities available within the park. Officials highlighted incentives for businesses, such as tax exemptions, access to utilities, and streamlined regulatory processes, designed to attract foreign investment and stimulate economic activity.

Mr. Abdinasir Turky, Chairman and CEO of the Investment Center of Africa (ICOA), expressed appreciation for the efforts made to establish the park as a hub for industrial development. He emphasized the importance of industrial parks in fostering economic diversification and creating job opportunities for the local population.

The delegation also engaged in discussions about potential collaborations with companies operating in the park, exploring sectors that align with their investment interests. They expressed optimism about the role of Bole Lemi Industrial Park in facilitating trade and enhancing Ethiopia's competitiveness in the global market.

Overall, the visit to Bole Lemi Industrial Park reinforced the delegation's understanding of Ethiopia's industrial landscape and its potential as a vibrant investment destination. The delegation left inspired by the opportunities for partnership and growth within the park and the broader Ethiopian economy.