The Federal Land Bank and Development Corporation inked an agreement with Ethio-Engineering Group (EEG) with a view to collaborating on developmental projects. The two parties will also work together to attract investment to Ethiopia.

EEG is a Governmental business enterprise re-established in September 2020 under the FDRE Council of Ministers' Regulation No. 475/2020. It is engaged in manufacturing and trading of automotive products, agricultural machineries, construction machineries, power and electronics equipment, metal and metal products, and plastic and polymer products.

Source: Ethiopian News Agency and EEG

Image source: Fana BC