2merkato

Ethiopia’s government is to increase spending by 20% in the coming fiscal year to expand infrastructure, according to State Finance Minister Abraham Tekeste.

Ethiopian Roads Authority said the number of local road contractors has increased in the last five years of GTP I period.

Public Procurement and Property Disposal Service (PPPDS) on behalf of the Ethiopian Grain Trade Enterprise (EGTE) has awarded two companies for the purchase of 2.4 million quintals of wheat with 1.08 billion Birr.

Be Connected Industries, a multi-national Belgian-Dutch company has inaugurated garment printing and labeling factories with USD 2.5 million capital on June 18, 2015 at the Eastern Industrial Zone.

Ayu Alemu won the bid to host the coming Ethiopian Christmas and Easter bazaars at Addis Ababa Exhibition Centre & Market Development Enterprise (AAECMDE) with a record-breaking offer of 12.6 and 9.6 million Birr respectively.

Meat and Milk Development Institute unveils Ethiopia has secured 300 thousand USD in revenue from the export of Camel Milk, according to Walta Information Center (WIC).

Lion International Bank (LIB) S.C is to launch agent and mobile banking services, Addis Fortune reported.

The Seru-Shenen River-Sheik Hussein road joining three zones of the Oromia Regional State has been inaugurated, according to Capital.

Farmers in three zones of the Amhara Regional State are partnering with Tiret Agriculture and Agro Processing Corporate to construct an agro processing plant with one billion Birr capital, according to Fana Broadcasting Corporate.

Addis Ababa, 19 June (WIC) – The Ethiopian Roads Authority says it has constructed 57 thousand kilometers of roads in the Growth and Transformation Plan (GTP) period showing about 98 percent achievement.