2merkato

Ethiopia’s legislative organ at the Federal level, House of People Representatives (HPR), has passed the law that establishes Infrastructure Development Coordinating Institute. The Institute is said to coordinate at the federal level infrastructure development works being carried out.

During discussing with local investors Prime Minister Haile Mariam Desalegn noted there is enough loan available to investors that are willing to invest in the manufacturing sector. The discussion was held on Wednesday, July 2, 2014 in Addis Ababa.

United Arab Emirates (UAE) companies were called by President Mulatu Teshome to utilize the investment opportunity Ethiopia offers.

Ethiopian Airlines announced it took delivery of its 8th Boeing 787 Dreamliner on Thursday, June 26, 2014.

Ethiopian Power Engineering Industry (EPEI) announced its wire and cable production plant, which was established in 2012, has commenced pilot production.

Trade unions and employers from 15 companies concluded a Memorandum of Understanding (MoU) on Tuesday, July 2, 2014, during a meeting organized by the Labour and Social Affairs Bureau of Addis Ababa.

Ministry of Foreign Affairs announced Ethiopia concluded a bilateral agreement with Russia for the purpose of cooperation in areas of agriculture and energy.

During a pre bid meeting on Monday, June 30, 2014, Ethiopian Railway Corporation pronounced it is looking forward to establish an international system which will enhance operation and maintenance works.

Ethiopian Tourism Organization (ETO), which is a newly established organization, is said to have commenced operation on Tuesday, July 1, 2014.

National Aviation College concluded a Memorandum of Understanding (MoU) with three Chinese institutions for the purpose of offering aviation education.