Ethiopia: 6 Sugar Factories to be Privatized in Early 2020
The Ethiopian Ministry of Finance announced that six sugar projects will be privatized in the first quarter of 2020.
The Ethiopian Ministry of Finance announced that six sugar projects will be privatized in the first quarter of 2020.
Companies based outside of Ethiopia have acquired 7 of the 15 factory sheds in Mekelle Industrial Park, which was built over 75,000 hectares of land and dedicated for apparel and textile manufacturing.
During the past nine months of the fiscal year 7,283 new cooperatives have been established, according to the Federal Cooperative Agency.
70,000 condominiums built in the Ethiopian capital are going to be hand over in two months time. The announcement was made by the Minister for Urban Development, Housing and Construction, Mekuria Haile.
Ethiopian Investment Commission (EIC) disclosed in the first quarter of the current fiscal year 72 projects, with an aggregate capital of 6.75 billion Birr, entered into implementation phase.