Sebastopol Entertainment PLC is planning to build a a two-tower, four-story multiplex in Arada District.
Sebastopol has acquired a plot of land from the city administration for the construction of the towers for seven million Birr.
SINOMA International, a Chinese company, disclosed that it would like to explore investment opportunities in Ethiopia during a discussion with Ethiopia’s Ambassador to China, Tefera Derbew. The company is keen to engage in cement manufacturing in the country.
The Ethiopian Sugar Corporation is in the process of finalizing expansion projects started on existing sugar factories in the shortest time possible said Asfaw Dingamo, Advisor to the General Director of the Corporation and Deputy Director General of Legal and Public Relations.
The construction of new factories such as the Wendji-Addis factory is also progressing well according to Asfaw. Sugar Corporation is in the process of launching new sugar development projects along with the infrastructural support systems of the sugar project such as road networks and irrigation he added.
The corporation is committed to building ten new sugar factories in the coming years to launch the export of sugar internationally explained Asfaw. The Corporation is also offering capacity building trainings for its managerial staff including project coordinators.
The first phase of the expansion work on the taxiway of the Bole International Airport, Ethiopia was completed said the 
Ethiopian Airports Enterprise. The project was completed at a total cost of 1.1 billion birr.
The expansion project was intended to enhance the airport’s capacity to meet air traffic flow said Wondim Teklu, Head of Public Relations and Communications Service with the EAE.
Bole International Airport is able to offer service to 34 aircraft simultaneously following the completion of the first phase of expansion. The airport currently services up to 110 aircraft a day making it one of the busiest airports in East Africa according to sources.
The construction work on Kombolcha Airport, Ethiopia is underway according to an announcement from the Ethiopian Airports Enterprise. The airport project is expected to cost an estimated 149 million birr up to completion according to Wondim Teklu, Head of Public Relations with the enterprise.
The construction includes a 2 kilometers long runway and a 4 kilometer long feeder road to the airport said Wondim.
The airport is offering services alongside the construction project that is underway to meet the goals of the second phase of the airport he noted. The airport will be equipped to serve Bombardier Q400 aircraft once this phase of construction is finished explained Wondim.
