Ethiopia’s Industrial Parks Development Corporation (IPDC) reported strong performance for the 2024/25 fiscal year, with USD 124 million in exports and USD 22 million in foreign direct investment (FDI) attracted. The corporation also achieved 88 percent utilisation across its industrial sheds.

IPDC’s network of Special Economic Zones (SEZs) contributed to macroeconomic stability by facilitating market linkages worth 14 billion birr and promoting import substitution valued at 18.58 billion birr. The initiatives supported nearly 50,000 jobs, underlining the corporation’s role in employment creation and industrial development.

Revenue grew 92 percent over the year, reflecting operational efficiency and successful investment attraction. On the final day of its performance review of state-owned enterprises, Ethiopian Investment Holdings (EIH) acknowledged IPDC’s results and recommended targeted reforms, including clearing audit backlogs, modernizing data systems, and upgrading SEZ infrastructure to attract investment and strengthen operational efficiency.