2merkato

Ethiopia's Metal and Engineering Corporation (MetEC) is planning to sell the two vessels, ‘Abay Wonz’ and ‘Abyot’, it acquired last year from the Ethiopian Shipping and Logistics Service Enterprise (ESLSE).

Initially, MetEC planned to use the ships to transport its own cargo before using them as scrap metal, however, the corporation changed its plans after experts confirmed that the vessels are still operable, Brigadier General Kinfe Dagnew, Director General of MetEC, told Capital.

Metal and Engineering Corporation of Ethiopia (METEC) signed a Memorandum of Understanding (MoU) with the government of Somalia to build industrial capacity of the latter. The agreement was signed on July 9, 2016.

Ethiopia’s state owned Metal and Engineering Corporation (METEC) under its locomotive industry has started producing railcars in the aim of substituting them locally.

Metals and Engineering Corporation (METEC) said it is ready to assemble 130 wagons for Addis Ababa-Dewelle railway project.

Based on a knocked-down export agreement concluded between Ethiopian Metals and Engineering Corporation (MetEC) and Ursus SA, Polish agriculture equipment producer, MetEC is prepared to take delivery of the first 1,500 tractors from the latter.