A MoU has been signed between Gada Special Economic Zone (GSEZ) and Chongqing Kunhuang Industrial Development Group.

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 reached a consensus, allowing the Chongqing Kunhuang Industrial Development Group to develop an industrial park for ceramic products on 43 hectares of land within the zone. The agreement emphasizes complementary advantages, mutual benefit, win-win outcomes and shared development.