2merkato

Teciju Civil Engineering Group, a Chinese firm, is awarded a 1.2 Billion Birr road construction project by the Ethiopian Roads Authority (ERA) for the Konso-Yabelo road project. 107 Kilometers road which connects Konso and Yabello will be upgraded.

Metal and Engineering Corporation (MetEC) is going to deliver 116 three square meter mobile toilets to the Addis Ababa Water and Sewarage Authority (AAWSA). The mobile toilets costed near 100,000 Birr each.

Tikur Abay Transport Plc bought Bekelecha Transport SC from Privatization and Public Enterprises Supervising Agency (PPESA) for 325 Million Birr.

Ethiopia’s first sugar crushing machine is being manufactured by KG Engineering PLC at a 5.6 Million Birr contract.

Ethiopian Airlines ordered twenty 737 MAX 8s aircrafts from Boeing. According to the press release by the Airline, the deal is worth more than U.S. $ 2. Billion at list prices and includes options and purchase rights for a further 15 737 MAX 8s.

Ethiopia’s first break rubber factory, Hibret Manufacturing and Machinery Fabrication, which cost 350 Million Birr is going to start production in five months time.

Ethiopia is going to host the fifth African Accreditation General Assembly, the Ethiopian National Accreditation Office disclosed.

A Construction Exhibition that will last for five days has been opened at Ethiopia’s capital, Addis Ababa, where more than 200 firms from various nations are taking part of. The Exhibition was opened on Wednesday, September 17, 2014, under the theme; “A path to better future”.

Ethiopia Mineral Development Share Company (EMD) concluded a memorandum of understanding (MoU) with CVMR Ltd during the Canadian Council of Africa’s Canada-Africa Business 2014 summit.

World Bank’s Managing Director, Sri Mulyani Indrawati, affirmed the Bank’s further assistance to Ethiopia in the nation’s efforts in industrial development.