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Optic fiber cable manufacturing plant  built at a cost of 2.7 billion Ethiopian birr is scheduled to go operational in September 2013, Ethiopia Radio and Television Agency reported.

The plant will produce 24 thousand km optic fiber cable annually, when it becomes fully operational. Add a comment Add a comment

Yangfan Motors P.L.C., a Chinese based Company, is to expand its vehicle assembly plant in Ethiopia at a cost of US$4.2 million.

The company has been assembling vehicles during the past four years in Ethiopia. Yangfan Motors signed agreement on Thursday for purchase of its assembling and manufacturing facility with Eastern Industry Zone located in Dukem, Oromia Regional State.

Tendaho Sugar Factory would begin test production in five months, according to the Ethiopian Sugar Corporation.

Tendaho Sugar Factory, designed to produce over 619 thousand tons of sugar annually on 50 thousand hectares of land is under construction in Afar Regional State of Ethiopia. Add a comment Add a comment

Construction of an irrigation dam for the 4.8 billion Ethiopian Birr Wolkayit Sugar Development Project will be launched soon, the Ethiopian Sugar Corporation said.

Project manager with the corporation Amenay Mesfin told journalists that the dam will enable to develop sugarcane on 50,000 hectares of land. Add a comment Add a comment

Kanoria African Textiles PLC, a subsidiary of India based  Kanoria Chemicals & Industries, is establishing a denim fabric manufacturing factory in Ethiopia, the first of its kind in East Africa.

The company will erect the factory on a 153,000 sq m plot squired on lease in Bishoftu town of Oromia Regional State, 44 km southeast of Addis Ababa. when construction is completed in January 2014, the factory will have a capacity to produce 12 million meters of denim annually. The factory will also create 350 jobs, mainly for Ethiopians. Add a comment Add a comment