China Civil Engineering Corporation (CCECC) sealed a USD 246 million deal with the Industrial Corporation on July 1, 2015, for the construction of Hawassa Industrial Park, according to Addis Fortune.
Medtech Ceramics Manufacturing Plc is scheduled to take delivery of two ceramic manufacturing machines in three months and commence production seven months after that.
The National Lottery Administration announced that the closure of legal betting houses would not be appropriate. The administration reached this conclusion after conducting a study on the sector. It also emphasized the need to differentiate between legitimate and illegal sports betting establishments.
Confederation of Ethiopian Trade Unions (CETU) has called for salary increment following the devaluation that might result in inflation. The request was made during the general assembly held at the Confederation’s premises on October 26, 2017.
CGCOC Group Ltd., a Chinese construction firm, concluded a contract with Addis Ababa International Convention and Exhibition Center (AAICEC) for the construction of a center the latter is going to construct at an outlay of 1.1 billion USD. The construction is going to be for the first phase of center and the contract stipulates the scheduled period for completing the project is 36 months.
