Ethiopia Aspires to Export Transformers Soon
Ethiopian Power Engineering Industry (EPEI) revealed plans to export transformers to the neighboring countries with an aim to secure foreign earnings for the country, Fana Broadcasting Corporate reported.
Ethiopia Aspires to Raise Mobile Subscribers to 64 Million in Five Years
Ethiopia aspires to raise its mobile subscribers up to 64 million and internet subscribers to 46 million in GTP II period, Ethiopian News Agency.
Ethiopia Aspires to Raise Rural Water Supply in GTP II
Ethiopia has set plan to raise rural water supply by 25 liter water a day per person within one kilometer radius from the base line 15 liter a day per head with 1.5 kilometer in GTP II period.
Ethiopia Attracted 12 International Hotel Chain
Report by W Hospitality Group disclosed Ethiopia managed to attract 12 international hotel chain development projects which are scheduled for the year 2016.
Ethiopia Attracted USD 4.1 billion FDI
The Ministry of Foreign Affairs stated that Ethiopia attracted USD 4.1 billion foreign direct investment (FDI) in the 2017/18 fiscal year. According to the Ministry’s spokesman Ato Meles Alem, the country was able to draw 156 big companies whose combined capital is over 4.1 billion US dollars.
