Ethiopian Electric Utility (EEU) has partnered with Inhemeter Co. Ltd to replace its existing electricity meter technology with STS talk and smart prepaid meter technology. The total cost of the project is confirmed to be USD 48,875,545.
Endowment Fund for the Rehabilitation of Tigray (EFFORT) concluded a 5 billion Birr agreement with the Chinese CEC Engineering Corporation and Fengda Chemical Planning and Design for the establishment of an integrated Polyvinyl chloride (PVC) resin manufacturing plant in Tigray, Ethiopia.
Ethiopian Grain Trade Enterprise (EGTE) has announced it has earned 189.2 Million Birr from export of 33,000 quintals of coffee in the past nine months of the current fiscal year, Walta Information Center reported.
The Egyptian company Asec Engineering and Management concluded plant management agreement with Ethiopia’s national Cement Share Company.
Latest data from the Ethiopian Investment Agency (EIA) revealed that 28 new projects in the industry sector has gone operational during the first three months of the fiscal year, Walta Information Center reported.
The 28 new industrial investment ventures have a combined capital of over two billion Ethiopian birr.
