PEHA

Ahmed Shide, Minister of Finance, humbly rejected an industrial park development plan presented by the Industrial Parks Development Corporation (IPDC). Aysha, Asosa, and Bishoftu are the new public industrial park development projects. After hearing the corporation’s proposal for the next fiscal year 2022/23 on September 1, 2022 at the Hilton Addis hotel, Ahmed emphasized that the government has no funds for new industry park development projects, as the ministry has been overstretching to bridge a 4.5 percent budget deficit ratio to GDP. Kebede Geleta, Industrial Parks division director at the Public Enterprises Holding and Administration (PEHA), which governs State Owned…