# National Investment Group to build $110M aerospace parts plant in Ethiopia

National Investment Group signed an agreement with Industrial Parks Development Corporation to build a $110 million plant at Kilinto Industrial Park in Ethiopia, manufacturing 14 types of airplane spare parts and creating 1,000 jobs.

- Type: New facility
- Announced: 2024-05-24
- Where: Kilinto Industrial Park, Addis Ababa, Ethiopia
- Value: $110.0M
- Jobs: 1,000
- Status: announced
- Products: airplane spare parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [National Investment Group](https://endata.com/companies/77644.md)
- [Industrial Parks Development Corporation](https://endata.com/companies/72130.md) (partner)

## Sources

- [fanamc.com](https://www.fanamc.com/english/national-investment-group-to-manufacture-airplane-spare-parts-with-110mln-in-ethiopia/), 2024-05-24: "National Investment Group will manufacture 14 types of airplane spare parts."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.