Ethiopia and African Development Bank (AfDB) have signed grant deal worth 15 million USD to finance the integrated Agro-Industrial Parks Support Project (IAIPSP).

After signing the agreement on Thursday, Finance Minister Ahmed Shide said the project fits very well with the national vision as it focuses on supporting the development of the four Agro-Industrial Parks located in Amhara, Oromia, SNNP and Tigray regional states.

The sites are Bure (Amhara), Bulbula (Oromia), Yirgalem (SNNP), and Baeker (Tigray), it was learned.

The project will strengthen the agro-industrial parks link with producers and Small and Medium Enterprises with strategic industrial clusters, the minister added. (Daily Monitor)