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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

Tiret, an Ethiopian endowment fund is finalizing its new malt production plant in Gonder, Ethiopia. The factory is scheduled to go operational in June this year.

Gondar Malt Factory has been under construction for the past two years, on four hectares of land. The factory is expected to produce 16,200tns of malt a year, 12,000tns of which will be supplied to Dashen Brewery, one of the sister company in the endowment fund. Add a comment Add a comment

SA-MED Private Limited Company, a joint venture with the Italian Adriamed Medical Devices and Services announced, it has completed testing and trial production of a medical disposables manufacturing plant at Dukem, Ethiopia. The factory manufactures plastic IV fluid containers and giving sets.

Current production of plastic IV fluid containers and giving sets in Ethiopia is around 6 million containers per year while the demand for this medical disposables stand at 20 million, according to Seid Mohammed, partner and vice chairman of SA-MED.

The Netherlands based Heineken Brewery is building its new beer factory in Ethiopia which has a capacity to produce 1.5 million hecto liters of beer per annum after its scheduled completion in 18 months time.

The Company launched the 120 million Euro project in the presence of Lilianne Ploumen, the Dutch Minister of Foreign Trade and Development Cooperative last week in Kilinto, Addis Ababa. The new factory will produce Bedele, Harar and Heineken brands. Add a comment Add a comment