Ethiopia’s Ministry of Finance and Economic Cooperation (MoFEC) disclosed it has spent USD 3 billion for different projects undertaken in the first 9 months of the current fiscal year. Nonetheless, the Ministry’s plan was to finance USD 3.7 billion USD worth projects during the said period.
Mogle Bottled Water Manufacturing, bottler of One Water, is to embark on expanding and tripling its production capacity and manufacturing plastic bottles and caps.
Mogle currently bottles 32,000 bottles of water an hour. With the expansion, it will be able to triple its production capacity and bottle 96,000 bottles of water and manufacture 18,000 plastic bottles and 20,000 caps per hour.
Ministry of Housing, Construction and Urban Development (MoHCUD) bought 57 Million Birr worth hi-tech surveying and mapping hardware and software.
A Memorandum of Understanding (MoU) was signed on Tuesday, May 6, 2014 between representatives of four Chinese companies and Ministry of Industry (MoI) for the development of Special Economic Zones (SEZ) in Ethiopia.
The Ethiopian Ministry of Industry signed on agreements with several contractors for the 2nd phase construction of the Bole Lemi Industry Zone construction Thursday, October 31, 2013.
The agreement was signed with 14 contractors and a consultant engineer. All construction work on the site will be assigned to local contractors, except a Chinese contractor for the road construction, according to Ethiopian Radio and Television Agency.
