Addis Ababa Education Bureau and China Jiangsu International signed a contract to build two schools in the Ethiopian capital, Addis Ababa. The China-Africa Friendship Schools Project will cost 60 million Chinese yuan (US$9.6 million).

Signing the contract, Xie Wei, deputy general manager of China Jiangsu International, said his company will complete the project within 20 months. The China-Africa Friendship School Project "is another landmark for the relations between China and Ethiopia. We will carry out the project strictly as per the agreement to make our contribution to deepen the friendship," Xie said.

The Addis Ababa City Administration's Bureau of Finance & Economic Development is to sign a contract with Ethiopia's Image Consultancy PLC. for the design and construction supervision of new market centers across four districts of the city.

The market centers in each location will be designed for specific commodity. The Bole market center which will be constructed on 7000 square meter lot will feature vegetables and grain, while the Akaki market which will rest on 20,054 square meter. The already existing cattle, sheep and goat market in Kera and Kolfe-Keranyo Sub-city will be expanded further on 20,500 and 9,500 square meter respectively.

The Addis Abeba Water & Sewerage Authority is to commence the expansion project of the Kalti Sewerage Treatment Plant, with US$100 million. The expansion project is jointly financed by the World Bank and the Ethiopian.

The expansion project will increase the treatment plant's capacity to 100,000 metre cube a day from the current 7,500.

Guangdong Chuanhui Group, a private Chinese developer has announced plan to build  Africa’s tallest building by 2017 in Addis Ababa, Ethiopia.  The site for the Chuanhui International Tower, 99-story office-hotel tower, is around the Addis Ababa Exhibition Center. The developer says it has acquired the 41,000 sq meter lot and the building plans have been approved.

National Cement S.C (NCSC), located in Dire Dawa, Ethiopia, has started exporting cement to neighboring Djibouti and Somaliland.

National Cement, the previously state owned Dire Dawa Cement Factory, commenced export after it began production with its full capacity following completion of   expansion at a cost of 2 billion Ethiopian birr.