2merkato

Salini, the Italian construction company, announced that it has completed placing roller compacted concrete (RCC) at the Ethiopian grand power generation project, Gibe III.

Salini Construction Spa has expressed interest in constructing the headquarters of the Commercial Bank of Ethiopia.

The Italian construction company responded to a call for interest in the design and construction of the 52 storey building. Twenty other international bidders also expressed interest in the project.

In 2009 Commercial Bank awarded the design to Universal Consultants partnering with Henn Architekten a German company. Various challenges resulted in this deal failing to materialize.

Three months ago the bank issued another invitation for consultancy services to handle the design modification and supervision.

Ethiopia has significant salt deposits according to studies conducted at various times said the Ministry of Mines. The resources are estimated to be sufficient for more than 100 years said the ministry.

The studies conducted show that the salt resources are to  be found in parts of Afar and Somali regional states explained Bacha Fuji, Director of the Public Relations Directorate of the Ministry. The Dalol area in Afar Regional State is particularly notable for large salt reserves he said.

Efforts are underway to begin salt exports to generate foreign currency from the sector noted Bacha. Four companies currently engaged in salt production secured more than 30 million US dollars from the export of salt in the just concluded fiscal year he added. 

Samsung introduced new products to the Ethiopian market on Thursday. At the event held at the Hilton Hotel the Korean conglomerate unveiled various products ranging from home appliances to mobile technology to distributors and other visitors.

The event was designed as a chance for Samsung to establish its African investment strategy ‘Built for Africa’ according to Tadewos Awol, Country Manager of Samsung Ethiopia. It was also a chance to showcase the latest products and technological innovations according to Tadewos.

Samsung officially kicked off its academic programs at its new Engineering Academy in the Addis Ababa Institute of Technology (AAiT) with the first class of 60 students drawn from AAiT, Capital reported.