Agreements were signed between African Wildlife Capital, a mission-based investment company, and a British- Ethiopian venture for the purpose of building world class boutique hotel in Ethiopia’s Simien Mountains National Park.
Five Star Elevator Manufacturing PLC joined Ethiopian entertainment industry through its subsidiary Five Star Entertainment Company.
The Chinese company joined the industry in order to promote its products. Owner and General Director of the company, Ma Ning, said “I am looking for economical returns by promoting Ethiopian culture, tourism, and historical places via art and musical performances”.
Addis Ababa is set to host a construction exhibition under the theme “Big 5 Construct Ethiopia” between May 18 and 20 at the Millennium Hall. The exhibition is aimed at attracting companies and international construction agents who will transform the country’s construction industry.
A fertilizer blending plant built at a cost of 31 Million Birr was inaugurated on Sunday. The plant is located in the Oromia State Tulu Bulo town, Ethiopia.
Industrial Parks Development Corporation (IPDC) announced that a free trade zone at the Dire Dawa Industrial Park would be established under the name Dire Dawa Free Trade Zone. Increasing import substitution and export revenue, job creation, and skill transfer are among the goals of the free trade zone.
According to Kiyya Tekalign, Strategy Advisor at IPDC, the Corporation has finalized necessary preparations to establish the zone including legal frameworks, working systems, and infrastructure.
