In efforts to shift from farming and become a hub for textile and other industries Ethiopia will start setting up a new industrial park in the coming September and expand existing ones at a total cost of U.S $ 250 Million.
Add a comment Add a commentThe budget for the next fiscal year was approved by the House of Peoples’ Representatives on Monday, July 7, 2014 to be 178.5 Billion Birr.
Add a comment Add a commentEthiopian Railway Corporation announced by January 2015 the Addis Ababa rail ways system will go operational.
Add a comment Add a commentEthiopia’s legislative organ at the Federal level, House of People Representatives (HPR), has passed the law that establishes Infrastructure Development Coordinating Institute. The Institute is said to coordinate at the federal level infrastructure development works being carried out.
Add a comment Add a commentDuring discussing with local investors Prime Minister Haile Mariam Desalegn noted there is enough loan available to investors that are willing to invest in the manufacturing sector. The discussion was held on Wednesday, July 2, 2014 in Addis Ababa.
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