Bedisa Group, a Turkish giant established half a century ago, is negotiating to acquire 75 percent of a sugar project in Ethiopia at an outlay of a little over 1 billion USD. The sugar project is Beles Sugar Project, which is found in Amhara State.
Kumtek Industrial PLC, a Turkish company, announced it is going to build a factory in Ethiopia to manufacture household goods and electronics items.
The Turkish based company, Ahmet Aydeniz Construction Company, showed its intent to invest in Ethiopia.
Addis Ababa May 7/2015 Turkish companies engaged in electric and electronics eye the Ethiopian market, said Fatih Ebiclioglu Chairman of the Electric, Electronic Exporters Association.
The Turkish giant, Turkish Holding AS, intends to construct an industrial park in the Horn of Africa nation, Ethiopia. The industrial park will be focused on construction materials.
