Ethiopia to Build a $50 Mn Coffee Park

The Ethiopian Coffee and Tea Authority disclosed plans to build a coffee park at a cost of $50 million. The park, the authority said, will play an important role in promoting Ethiopia's coffee to the global community.

Hyiru Nuru, market information and control director at the Ethiopian Coffee and Tea Authority, said Ethiopia and South Korea will join to build the park, which will rest on 30 hectares of land in Addis Ababa. Among other things, the park will have a coffee museum and coffee market center. Mr. Hiruy said the construction of the park will be completed in three years.

It is to be recalled that the Authority announced an effort to develop an umbrella national coffee brand for Ethiopia.


Source: Fana BC

 

 

Exchange Rates

Selling
Buying
USD 32.5950  31.9559 
GBP 40.6317  39.8350 
EUR 36.3565  35.6436 
CHF 32.3309  31.6970 
CAD 22.6285  22.1848 
AED 8.0310  7.8735