Several multinationals are vying to be part of the new government-developed industrial zones that are being established in Addis Ababa, and in other areas around the country, The Reporter reported.
The Ministry of Water, Irrigation and Energy (MoWIE) said the ongoing construction of the Grand Ethiopian Renaissance Dam (GERD) will never be delayed even for a minute, WIC Reported.
The Turkish textile factory MNS Manufacturing P.L.C. has launched the first phase production of carpet, towel and bathrooms, polyester, fiber-line home furniture (spring mattress and sofa) investing of over 1.2 billion birr, WIC reported.
Mayor of Kombolcha town Abere Abera said the town is working to enclose 1, 000 hectares of land for industry; the municipality will give over 450 million Birr compensation for house holds residing at the industry zone, he said, FBC reported.
The Ministry of Water, Irrigation and Energy (MoWIE) said Egypt’s idea to complain the dam’s construction case to the UN Security Council is futile, WIC reported.
Ethiopia has readied 50,000 hectares of land to be leased for horticulture development, according to the Ethiopian Horticulture Producers Exporters Association (EHPEA), WIC reported.
