2merkato

Ethiopian Investment Commission (EIC) disclosed 2 more industrial parks are going to be inaugurated in 2 weeks time. The industrial parks are Adama and Dire Dawa.

Prime Minister Abiy Ahmed announced today that the Grand Ethiopian Renaissance Dam (GERD) has been completed and will be officially inaugurated this September. Speaking during the 42nd regular session of the House of Peoples’ Representatives, he stressed that “nothing can prevent the inauguration,” despite external pressures.

Ethiopia expects to inaugurate the first industrial zone under management by the Industry Zone and Environmental Protection Agency in the coming September.

The Bole Lemi Industry Zone located on 156 hectares is planned to be completed in time for the Ethiopian New Year and will be opened to domestic and international developers said Melaku Taye, Head of Public Relations with the Ministry of Industry.

The MoI has also received more land from the Addis Ababa City Government and from regional states to develop and manage other industrial zones he said.

Ethiopia is to inaugurate a 30 million birr road sector database system in the next few weeks after completing transferring its data to the data base according to Ethiopian Roads Authority.

The project is part of ERA’s development program to modernize and transform its initiative. The development program has  36 projects, including standardizing various communications, including correspondences such as memos, emails, a road history database, online status for projects, a data warehouse for easy extraction of historical data on the existing roads, research and development.

It is expected that the new database system will support the monitoring and decision-making for the management by supplying consolidated information through a performance appraisal system, tender analysis, and cost estimates for each project said Mulugeta Demisse, Director of the Quality Assurance and Inspection Directorate. 

Ethiopia is planning to increase the number of cargo flights and destinations of its main horticultural products such as fruits, flowers and vegetables according to Haileselassie Tekie, Director General of the Ethiopian Horticulture Development Agency.

The arrangement allows exporters to manage the costs of transportation with the government subsidizing the cargo said Haileselassie Tekie.

Ethiopian Airlines expects to deploy the new B777 freighter aircraft, with the capacity to handle 105 tons to carry fruits, flowers and vegetables according to a source.