Jimma Industrial Park, covering a vast expanse of 75 hectares is strategically located in the city of Jimma, Ethiopia. Located approximately 352 km from the bustling capital, Addis Ababa, this industrial park commenced its operations at the end of 2019, marking the dawn of a promising economic venture. 

The Park has nine production sheds. Of these, five sheds are 3000 sq.m and four sheds are 5500 square meters with world-class infrastructure.

In addition the park has a complete infrastructure that meets international standards (water, electricity , internal asphalt roads, sewerage treatment technology,drainage lines and telecom services etc ). 

Currently, two investors engaged in agriculture  processing sector have started operations in the park , one of which an Indian company named Akshay Jay, who has taken manufacturing shed. 

With an initial capital of 70 million dollars, the company is producing oil from avocados to supply its products to the European market, especially Italy, while generating significant foreign exchange earnings in the process. The company’s avocado oil pressing machine was installed with a purchasing cost of 300 million birr. 

The huge machine has capacity to process seven thousand kilos of avocados per hour, making it the largest avocado oil processing plant in East Africa. 

Akshay Jay has also leased four hectares of cultivated land to produce compost, soil fertilizer and bio-gas from by-products of avocado oil, and construction of this complex has reached 25%. This company has created job opportunities for 260 local youth and it’s 70 % of its employees are women.   

Another company named Soreti International, has taken a manufacturingshed and is installing a machine to produce avocado oil.

After Jimma industrial park started operation, it earned Ethiopia 4,000,000 US dollars in foreign exchange by supplying avocado oil to foreign market. Akshe Jay has created a market network for more than 15,000 local farmers.

The farmer have provided avocados to the company, and this year alone, they were able to secure a market network that earned the 130 million birr.