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Jotun Ethiopia Set to Expand Paint Factory
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New Business Ethiopia
Jotun Ethiopia, the Norwegian paint manufacturing company, has signed a contract agreement with the Industrial Parks Development Corporation (IPDC) to implement an expansion project in the Bole Lemi Special Economic Zone.
He further stated that Jotun Ethiopia has been making a significant contribution to the Ethiopian market by supplying high-quality paint products.
On his part, Mohammed Sharib, General Manager of Jotun Ethiopia, expressed his appreciation for the Corporation’s strong support and continuous follow-up in ensuring the success of the company’s operations.
He noted that the expansion project will help the company meet domestic demand while also expanding its reach into African markets and strengthening its export market presence.
Under the terms of the agreement with IPDC, Jotun Ethiopia will receive 6.4 hectares of land within the Bole Lemi Special Economic Zone for the implementation of the expansion project.