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Crown Paints Kenya Ltd has proposed to open a factory in Ethiopia at the cost of U.S $ 8 Million by 2015. This was after the company’s plant in Tanzania commenced production in January 2014.

The Bangkok based BNH Hospital is going to open a permanent office in Ethiopia. This is according to the Hospital’s deputy director, Nopparat Panthongwiriyakul (MD), and the statement was made when he, along with other members of the Hospital, was in Addis Ababa for a five days visit to assess the situation in Ethiopia and establish a strong link between the hospital and the community that seeks medical treatment abroad.

Ethiopian Airlines’ management team is aiming to start a new flight to the Los Angeles, U.S. The Airlines is planning to make this trek via Ireland’s capital, Dublin and if everything goes to plan the flight will be launch the coming year.

Omo Kuraz Sugar Development Project concluded a Memorandum of Understanding (MoU) with three Universities, Hawassa, Arba Minch and Mizan Tepi Universities, that are situated in the Southern Nations Nationalities and Peoples (SNNP) State.

Ethiopian Aviation Academy graduated a total of 147 aviation professionals on Thursday, June 19, 2014. Among the graduates 92 of them were aviation maintenance technicians while there were 10 pilots and 20 cabin crews amongst the graduates. The rest 25 were finance professionals.

An International Monetary Fund (IMF) mission led by S. Kal Wajid visited Addis Ababa June 11-25 to conduct discussions for the 2014 Article IV Consultation with Ethiopia.

Ethiopian Roads Authority (ERA) concluded a 2.6 Billion Birr road construction and Omo Kuraz Sugar Factory designing projects agreement with the Chinese Construction Company Limited (CCCC) on Wednesday, June 25, 2014. The project is said to include constructing roads, Omo-Factory Junction 4 and 6, designing Omo Kuraz sugar factory, and constructing a bridge over the Omo River.

14 Chinese business delegates had talk with President Mulatu Teshome over investment opportunities they in Ethiopia. It was Wang Shouchang, Head of the Academy of Chinese Culture, that led the Chinese delegates.

Ethiopian Leather Industry Development Institute (LIDI) proclaimed Ethiopia’s foreign currency revenue from export of value added leather and leather products has been growing.

Aiming to tackle shareholder associations’ document authentication, registration and other prolonged working procedure the Ministry of Trade has concluded a Memorandum of Understanding (MoU) on Tuesday, June 24, 2014, with Ethiopian Chamber of Commerce and Sectoral Association (ECCSA), Document Authentication Office and Ethiopian Investment Agency.