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ICM Airport Techniques was awarded the turnkey project to construct a cargo warehouse for Ethiopian Airlines. The warehouse to be constructed is intended to be able to hold 1.2 million tons of cargo every year.

The German Company which specializes in airport equipment and Ethiopian Airlines are in the last stages of financial negotiations according to sources.

The new warehouse will increase the airlines capacity for shortage enabling it to give better quality cargo services according to Tewolde Gebremariam Chief Executive officer of Ethiopian Airlines.

ICM won the bid to construct the new cargo terminal for Ethiopian Airlines located at the Addis Ababa Bole International Airport.

The bid was between the German ICM and a Chinese company and the former won the contract because they proposed the best design and financial offer said Tewolde Gebremariam, Chief Executive Officer. ICM is expected with the well known Varnero Construction firm according to Tewolde.

The new state of the art cargo terminal can handle 1.2 million tons. It is expected that the project will be completed in two sections each with the capacity to hold 600 thousand tons. The first phase of the construction will cost an estimated 110 million Euros.

The 6th ICT Exhibition, Bazaar and Conference opened on June 6, 2013 in Addis Ababa, Ethiopia. This year's theme of the event was “ICT for Sustainable Development”.

The exhibition and conference is organized aiming to increase the public’s awareness about ICT and its applications at grassroots level so as to accelerate growth, says Birhane Keleta, Director of the Directorate of Private Sector ICT Development with the Ethiopian Ministry of Communication and Information Technology (MoCIT).

The fifth ICT Exhibition and Conference in Ethiopia was opened last week at the Addis Ababa Exhibition Center. The Exhibition was held under the theme of ‘ICT is the Road to Development and Transformation’.

Domestic IT colleges, government agencies working in the ICT sector, training center, and international companies from China, England and Egypt engaged in the production and development of ICT products participated in the exhibition.

The exhibition offers an opportunity for consumers and producers to develop networks and to enhance experience sharing amongst countries said Debretsion Gebremichael, Minister of Communication and Information Technology.

Minister of Information and Communication Technology of Ethiopia, Debretsion Gebremichael exhorted Japanese companies to invest in Ethiopia’s ICT industry, Ethiopian News Agency reported.