2merkato

Ethiopia is set to construct another university which it dubbed Borena University. The university is going to be located in Borena Zone, Oromia State.

The Metal Engineering Corporation the Privatization and Public Enterprises Agency of Ethiopia signed an agreement to construct five fertilizer factories at a total cost of 55 billion birr. The agreement was signed by Beyene Gebre-Meskel, Director General of PPESA and Col. Mulu Wolde-Gabriel Project management Deputy Director with Metal Engineering.

The agreement will allow for the construction of five urea and three Dap fertilizer plants and one coal factory said Col. Mulu. The construction will be completed within three years with the Urea factories being launched first and the others to be established according to a schedule said Beyene.

Ethiopia is set to build four more industrial parks in the recently commenced fiscal year, the Ethiopian Industrial Parks Development Corporation (IPDC) made known. IPDC made the announcement after reviewing last year’s performance of industrial parks in Ethiopia with scholars and stakeholders.

Ethiopia is going to construct the fourth wind farm for the country that will generate 120 megawatt at an outlay of 257 million USD. The wind farm is going to be built in Somali State.

Ethiopia's Oromia Industrial Parks Development Corporation inked an agreement for the construction of an agro-industrial park resting on 250 hectares of land at a cost of 7.8 billion birr. The industrial park, which is to be built in the town of Nekemte, will be constructed by Walabu Construction Share Company.