The Federal Land Bank and Development Corporation inked an agreement with Ethio-Engineering Group (EEG) with a view to collaborating on developmental projects. The two parties will also work together to attract investment to Ethiopia.
Abate Sitotaw, Deputy Mayor of Addis Ababa, made the decision to transfer lands held by Access Real Estate (ARE) to the Addis Ababa’s (Ethiopia’s capital) land bank for special protection. The Deputy Mayor gave the order to the Land Management and Development Bureau.
Chinese company, Shaoxing Li Enterprise, is to inaugurate a woven polypropylene bag factory in May, 2015, according to Addis Fortune.
Ethiopia’s Gross Domestic Product (GDP) reached 1.5 Trillion Birr, Ministry of Finance and Economic Development disclosed (MoFED).
House of Peoples’ Representatives passed a new Value Added Tax (VAT) Proclamation during its 36th regular session.
