Jimma-Bonga road, which links Oromia regional State with Southern Nations, Nationalities and Peoples’ Region (SNNPR), was inaugurated on May 19, 2015 with Birr 896 million, according to Ethiopian News Agency (ENA).
Jinka Bag Factory, which is expected to supply for Ethiopia’s grand projects, has commenced test run. The factory is said to manufacture sugar bags for the existing as well as new sugar factories being built.
Gulf Pharmaceutical Industries disclosed it is going to construct what it has called the largest injectable medicine producing plan in Ethiopia at the cost of USD 50 Million.
Julphar Ethiopia Pharmaceutical Industry as an expansion of its factory is going to start Africa’s first insulin factory.
Subsidiary of Jupiter Group has formed joint venture with a Chinese electronics manufacturer to assemble energy meters in Ethiopia. The joint venture agreement was signed on Thursday, December 15, 2016 by Melaku Bisrat and Hu Ab, representing MYBABA Electronics Manufacturing PLC – the newly established JV Company – and Shenzhen Clou Electronics Co. Ltd.
