The Ethiopian Investment Commission and East AfricEast African Holdingan Holding have reached an agreement on an industrial park which will be built by East African in Bishoftu.
2021-03-05 13:56:09 GMT2021-03-05 21:56:09(Beijing Time) Xinhua English
ADDIS ABABA, March 5 (Xinhua) West China Cement Limited has forged a joint venture with Ethiopian industrial conglomerate, East African Holding S.C., for a 2.2-billion-U.S. dollar industrial project dubbed, Lemmi National Cement S.C. Industrial Complex, which is to be carried out in Lemmi town, Ensaro Woreda (District) of the Amhara Regional State, about 130 km north of Ethiopia s capital Addis Ababa.
The Ceremony of laying the foundation stone for the construction of the mega industrial complex, which is to be carried out in different phases, was held on Thursday in the presence of Ethiopian President Sahle-Work Zewde, Chief Administrator of Amhara Regional State Agegnehu Teshager, Ethiopian Former Prime Minister Hailemariam Desalegn as well as other high-level regional and federal officials, among others.