The Lamberet Bus Terminal is to commence operation within the next month, after years of delay, Fortune Reported.
The terminal which lies on 22,053 square meter lot in Yeka sub city, was originally scheduled for completion in June 2005.
Land Bank and Development Corporation announced that it was working to attract investment in real estate, health, hospitality, education and other sectors. It will be hosting an international forum under the theme Invest Origins in January. It has also made 2,000 hectares of land ready in Addis Ababa for investors who will engage in health, hospitality, education, and ICT investment sectors.
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.
