Ethiopia’s Sugar Corporation disclosed it has canceled the construction of 2 sugar factories out of the intended 10. The projects that will be affected by the change of plans are Kuraz and Beles projects.
Ethiopian Sugar Corporation is currently considering to join hands with investors from Ethiopia and abroad to build as well as manage sugar factories.
Ethiopian Sugar Corporation and Ursus, Polish Company inked a deal worth USD 30.6 for deliveries of tractors, trailers and spare parts which will serve for sugar cane transportation, The Daily Monitor reported.
The Ethiopian Sugar Corporation said, expansion projects carried out on existing sugar factories during the previous fiscal year has enabled the country to meet the local demand for sugar.
Zemedkun Tekle, corporate communication director with the Corporation, told Ethiopian News Agency on Friday that, the expansion has been undertaken in Wonji Shoa, Fincha, Metehara and Tendaho sugar factories.
Ministry of Water, Irrigation and Electricity (MWIE) disclosed once the construction of the sugar factories being undertaken is completed, Ethiopia will be able to generate more than 200 megawatts from sugarcane by-products.
