Media Personnel Visit Nation’s First Free Trade Zone

Local media personnel drawn from various media institutions have visited the Dire Dawa Free Trade Zone, Ethiopia’s first free trade zone.

The aim of the visit organized by Ministry of Government Communication Service is to show to the personnel the activities at the country’s first trade zone since its inauguration in August, 2021.

The Dire Dawa Free Trade Zone, which includes an industrial park and a dry port, would improve trade activities, create job opportunities, enhance transfer of knowledge, and reduce logistics cost.

The free trade zone is expected to contribute toward facilitating the implementation of trading under the African Continental Free Trade Area (AfCFTA).

The government is working to attract more investors to the strategic free trade zone with the objective of facilitating logistics and import-export trade and boost the economy of the country.

The fact that Dire Dawa City is an industrial village, possessing dry port, railway, land and air transport makes it an ideal center for a free trade zone.

The Dire Dawa Free Trade Zone, Ethiopia’s first free trade zone, covers an area of 4,000 hectares and includes the Dire Dawa Industrial Park and a dry port.

Source: Ethiopian News Agency