On Aug 23 2024 Ethiopia set to achieve a significant milestone of planting 600 million trees in a single day as part of the Ethiopian Green Legacy Initiative, a national effort aimed at combating climate change and restoring degraded landscapes. This monumental event underscores Ethiopia’s commitment to environmental sustainability and positions the country as a...Continue Reading
Gada Special Economic Zone has given awareness training on the implementation of the Special Economic Zone Proclamation 1322/2016 at Adama. Gada Special Economic Zone Director General, Mr. Motuma Temesegen, delivered an opening message at the awareness creation forum, stated that the efforts to transform our economy will be done effectively in short period of time...Continue Reading
Gada Special Economic Zone (GSEZ) convened a consultative meeting at its headquarters in Adama with investors who had secured investment approval from the GSEZ Managing Board. The session commenced with a welcoming address by Mr. Motuma Temesgen, the Director General of GSEZ, followed by insightful briefings delivered by Mr. Dame Chali, Head of the Investment...Continue Reading
Gada Special Economic Zone (GSEZ) participated in a consultative meeting held at Elilly International Hotel, where it presented investment opportunities to high-level delegates from the Republic of China who were visiting Ethiopia and Oromia. Mr. Motuma Temesgen, Director General of GSEZ, briefly outlined the investment opportunities and potentials of the zone.Continue Reading
Following up on the Government’s recent statement regarding Ethiopia’s economic reform program, the National Bank of Ethiopia (NBE) today released an official statement announcing a major revision of the country’s foreign exchange (FX) system effective immediately. Elaborating the latest reform, Governor of NBE Mr. Mamo Mihretu stated that the reform introduces a competitive, market-based determination...Continue Reading
A delegation of investors from the UAE, headed by H.E. Dr. Abdulaziz Dawud, the Head of the Office of the President of Oromia National Regional State and Regional Cabinet Affairs, visited Gada Special Economic Zone (GSEZ). Mr. Motuma Temesgen, Director General of Gada Special Economic Zone and the GSEZ management team welcomed them at GSEZ...Continue Reading
A Memorandum of Understanding was signed today, June 26, 2024, between GSEZDC and Chongqing Kunhuang Industrial Development Group at the GSEZDC Headquarters in Adama. This agreement enables the group to develop an industrial park for ceramic products and construction materials aimed at both domestic and international markets. The two parties held a productive discussion and...Continue Reading
The Ethiopian Investment Commission (EIC) and Gada Special Economic Zone (SEZ) signed a Memorandum of Understanding (MoU) today, facilitating the project’s official launch. Inaugurated last month with Prime Minister Abiy Ahmed’s participation, the Gada SEZ is envisioned as a multi-purpose economic hub designed to attract domestic and foreign investment across logistics, manufacturing, agro-processing, and real...Continue Reading
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