Russian Novgorod Region Express Interest in Working with IPDC

Addis Ababa, March 21, 2024(Addis Walta) Industrial Parks Development Corporation CEO, Aklilu Tadesse discussed with a delegation led by the first deputy governor and administrator of Russia’s Novgorod region, Bogdanov Evgenii, in the presence of the Russian Ambassador to Ethiopia Evgeni Terehin.

During the discussion, Aklilu explained to the delegation the investment-oriented activities that the corporation has been carrying out and is currently doing and explained that there is a strong desire as a country to strengthen the long-term relationship between Ethiopia and Russia through investment.

The leader of the delegation, Bogdanov Evgeny, expressed his happiness with the welcome and atmosphere he and his delegation saw when they came to Ethiopia and announced that they would work to bring industries and manufacturers from the Novgorod region to Ethiopia.

In addition to the discussion with IPDC CEO Aklilu, the delegation toured the entire operation of Kilinto Industrial Park with Kamil Ibrahim, Deputy CEO of the operations sector of the corporation. They expressed that they were happy with their observation.

It is to be remembered that the corporation has agreed to work in coordination with the Russian Embassy in Ethiopia to use the investment potential of Russia in the industrial parks and Dire Dawa Free Trade zone that it manages, as well as for the manufacturers in the park to be able to use the vast market of Russia.