The Ethiopian Airports Enterprise announced plans to expand the apron capacity of Bole International Airport. The project is expected to cost an estimated 1.1 million birr.
The first phase of this project will be finalized this December according to Wondim Teklu, Public Relations Head of the Ethiopian Airports Enterprise.
Assela Malt Factory, Ethiopia will inaugurate the 300 million birr expansion project which took 3 years expected to increase the factory’s production potential to 360,000 quintals. The factory has undergone three expansions since it was first established 28 years with an initial production potential of just 100,000 quintals.
The first expansion effort increased the total production capacity to 150,000 quintals while the first phase of the current expansion increased the capacity to 220,000 quintals.
The second phase, just completed, included the construction of 12 silos, with the potential to hold 10,000-11,000 quintals, making up a total of 28 silos. The addition of elevators and conveyors has increased the carrying capacity every hour to 300-600 quintals.
The Expansion project on the Fincha Sugar Factory intended to double the production of the factory has been completed.
The 4.5 billion birr expansion project is expected to raise the production capacity of the factory from 1.1 million quintals per annum to 2.7 million quintals of production every year according to Girma Wayu, Manager of the factory.
The expansion will also increase the production of ethanol at the factory to 20 million liters every year from just eight million liters at present he noted.
Ethiopia, a country that has been growing at a rate of about 10 per cent for a decade, is moving a lot of pieces in the right direction, says Tyler Cowen, a Bloomberg Opinion columnist.
Export from the 3 industrial parks already operating in Ethiopia in the last fiscal year has been reported to be 248 million USD. These parks are Hawassa, Bole Lemi and Eastern Zone.
