Sino-Ethiopia Associate (Africa) PLC, a capsule manufacturer in Ethiopia, inaugurated its expansion plant located in Addis Ababa, Ethiopian News Agency (ENA) reported.
The company's new plant which is built at a cost of 100 million Birr has a capacity to produce 1.2 billion capsules annually, increasing the company's total production capacity to reach 2.4 billion, according to ENA.
SINOMA International, a Chinese company, disclosed that it would like to explore investment opportunities in Ethiopia during a discussion with Ethiopia’s Ambassador to China, Tefera Derbew. The company is keen to engage in cement manufacturing in the country.
SkyWay Investment Group (SWIG), a firm based in Belarus, aims to bring cable transport to Ethiopia. The company presented the idea of building a commercial cableway to the Ethiopian Minister of Transport and her staff. This new technology aims to save more space in urban areas.
SMEC international PTY, an Australian based consultancy firm, concluded an ETB 250 million agreement with Ethiopia to design and supervise the 3 billion birr project of the country’s largest oil terminal. In accordance with the agreement, the firm will prepare the final design of the terminal which is to be built in Dukem, Oromia Region, administer the project, and help the Ethiopian Petroleum Supply Enterprise (EPSE) in choosing a contractor.
The Southern Regional State of Ethiopia (SNNP) has launched concerted efforts to develop the apiculture sector. The region has set target production for the budget year at 21 thousand tons of honey and 6 tons of wax.
The environment in the Southern region is favorable to apiculture due to the abundance of tree, flower and water resources as well as the climate note Ergete Weldesemayat, Expert of Animal Husbandry.
The regional state is supplying modern beehives manufactured in rural technological centers and by scale manufacturing enterprises to help attain the desired levels of production explained Ergete.
