2merkato

Ethiopia’s first industrial park, Hawassa Industrial Park, is scheduled to be inaugurated on Wednesday, July 13, 2016. Located 275 kilometers south of the capital, the industrial park is expected to create job opportunities for 60,000 people in 2 shifts. The Park is expected to host textile and garment manufacturing factories.

Ethiopian Airlines, the fastest growing airline in Africa, is pleased to announce that it has commenced scheduled thrice weekly flights to New York-Newark from Addis Ababa on 03 July 2016, via Lomé, Togo.

Ethiopian Airlines, the leading airline in the continent has now renewed its leadership status in the African aviation industry by operating the first African Airbus A350 XWB. What is more, Ethiopian has many more state-of-the-art aircraft in its operation and in order.

Mesfin Industrial Engineering’s (MIE) new car assembly line built in Tigray State of Ethiopia has been inaugurated on July 1, 2016. The plant will be assembling Peugeot automobiles.

Federal Urban Job Creation and Food Security Agency disclosed in the concluding fiscal year 1.8 million jobs were created by micro and small enterprises (SMEs).

Ethiopian Airlines, the largest airline in Africa, is pleased to announce that it has received its 14th B787 Dreamliner named "Colonel Robinson", leased from AWAS, on 01 July 2016 carrying humanitarian aid.

The first Ethiopian Real Estate Expo in the North America is scheduled to be held for 2 days; from September 17, 2016 to September 18, 2016. The aim of the expo is to create a linkage between investors and real estate developers in Ethiopia.

Ethiopia concluded various cooperation agreements with Mozambique on June 29, 2016. The agreements were signed by Ethiopia’s Prime Minister, Hailemariam Desalegn, and President of Mozambique, Filipe Nyusi before having bilateral talks.

Ethiopian Railways Corporation (ERC) announced Ethio-Djibouti railway is readied for full service by next year. Installation work for the railway is now 98 percent finalized.

Ethiopian Railways Corporation (ERC) disclosed around 30 passenger locomotives have arrived at Endobi Station, which is along the Ethio-Djibouti railway line. The locomotives are said to have the capacity to travel up to 120 kilometers per hour and carry from 113 – 168 passengers at a time.