Ethiopia to Build 11 New Universities in GTP II
The Council of Ministers has endorsed on October 23, 2015, the establishment of 11 new universities in Ethiopia by the end of GTP II, Ethiopian News Agency reported.
Ethiopia to Build 71 Power Projects in 10 Years
Ethiopian Electric Power said Ethiopia plans to build 71 power projects over the next ten years, at a cost of over $40 billion. Out of the 71 projects, 16 are hydropower, 24 wind, 17 steam, and 14 solar.
Ethiopia to Build a $50 Mn Coffee Park
The Ethiopian Coffee and Tea Authority disclosed plans to build a coffee park at a cost of $50 million. The park, the authority said, will play an important role in promoting Ethiopia's coffee to the global community.
Ethiopia to Build a New Dry Port
A foundation stone for an eighth dry port has been laid in Wereta, South Gondar zone of the Amhara regional state, by the Ethiopian Shipping and Logistics Services Enterprise.
Ethiopia to Build another Highway to Djibouti
Ethiopia is to build a 250 kilometer high way connecting between Dire Dawa and Dewale it was announced. The road project, currently in the design stage is expected to upgrade the current gravel road to asphalt creating another alternative access to a sea port.
The road is particularly important in light of the fact the Ethiopia handles 98 percent of its export and import freight through Port Djibouti. It is also expected that a new port intended to be constructed in Tadjoura will increase the congestion at this port thus facilitating the trade though Djibouti.
