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Old March 24th, 2012, 10:34 PM   #61
Simfan34
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Blegh. I didn't mean Wal-Mart! Is this what we want for Ethiopia hagere?





But seriously, I was thinking something more small-scale, and measured. This seems to be a rather irrational plan conceived less out of economic considerations than petulance. Even one Wal-mart in Addis would wipe dozens of stores out of business.
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Old March 25th, 2012, 10:05 PM   #62
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lol



Ethio-Turkish Textile investment begins this month



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A Turkish company which is part of Saygin Group is constructing with the Ethiopian government a textile factory in Sebeta town just outside of Addis Ababa. It is planning to begin production by the end of this month in the factory which is named Saygin Dima Textile Share Company. The Ethiopian Government has some 60 percent share in the company. The factory is set in an area of 60,000sqm of land. So far the construction has cost around USD 22 million. They plan to produce yarn and fabric for both here and abroad.

Turan Ahmet Turan, General Manager of SayginDima Textile Share Company says they are now in the process of training local employees. They had hoped to begin operating earlier this month but they have encountered some challenges. “Our product range is cotton, polyester, wool, acrylic, linen and textile fibers,” Turan told Capital He also said that this is Saygin Group’s biggest textile investment in Ethiopia as well as in Africa.

read the rest @Capital
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Old April 15th, 2012, 12:25 PM   #63
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Ethiopia to get first photovoltaic solar energy assembly plant

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Spire Corporation a global company providing solar power photovoltaic equipment and systems announced that it will provide a 20 megawatt ("MW") Photovoltaic ("PV”) module turnkey assembly line.

Spire Corporation a global company providing solar power photovoltaic equipment and systems announced that it will provide a 20 megawatt ("MW") Photovoltaic ("PV”) module turnkey assembly line to the collaboration of SKY Energy International, Inc. ("SKY") located in Florida and Metals and Engineering Corporation ("METEC") located in Ethiopia.

Ethiopia to get first PV module a solar panel assembly plant. The module assembly line will be established in Addis Ababa, Ethiopia. The facility will be the first state-of-the-art module manufacturing line in Ethiopia. The Ethiopian Government has announced its goal to have 20% of its power capacity coming from solar energy within the next five (5) years.

“We are pleased to support SKY and METEC to bring solar power to Ethiopia. Ethiopia is a nation where 80% of the population presently does not have access to electricity,” said Roger G. Little, Chairman and CEO of Spire Corporation. “Solar energy can deliver clean electricity to remote areas of Ethiopia thus improving the quality of life and ability to further their agricultural pursuits.”

Spire Corporation is a diversified company serving the solar energy, biomedical and defense industries worldwide with innovative products and services based upon a common technology platform.
http://www.evwind.es/noticias.php?id_not=17836
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Old May 13th, 2012, 09:03 AM   #64
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Old May 15th, 2012, 02:18 PM   #65
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Ethiopia’s First PVC Resin Plant - 7b Br EFFORT

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Endowment Fund for Rehabilitation of Tigray (EFFORT) is investing seven billion Br in the first plant in Ethiopia that will manufacture polyvinylchloride (PVC) and other industrial chemicals.

The plant will be set up on a 48ht plot of land at a place called Mai Mekden, near Messebo Building Materials Production Plc in Tigray Regional State. The area has large deposits of limestone.

The plant is designed with an annual production capacity of 60,000tn, using a production method known as the limestone to calcium carbide to acetylene (LCA) route.

A little more than a year ago, EFFORT floated the first tender for the plant, with a capacity of 40,000tn a year. Many international bidders were said to have responded, but the tender was cancelled. It floated another tender last Sunday, May 6, 2012, just for the consultancy service for the execution of the project, with the plant capacity raised to 60,000tn, annually.

PVC resin is a white powder commonly used to produce thermoplastics. It is a raw material that can be made into products with a wide range of properties from soft and flexible to light and rigid, including blood bags, windows, pipes, and furniture.

Various additives determine the outcome. The ingredients include heat stabilisers, lubricants, and fillers.

In Ethiopia PVC resin is used in plastic factories to produce hoses, pipes, and boots. Some of the other chemicals to be produced by the plant are to include caustic soda, calcium hydrochloride, acetylene, chlorine, calcium carbide, and hydrochloric acid, according to an expert close to the feasibility study.

“The chemical reaction through which industrial chemicals, including PVC resin, are produced is highly sophisticated and capital intensive. There are some domestic producers of some ofthe chemicals, but we do not have a manufacturer of PVC resin in Ethiopia,” said Tewolde Gebremichael, a chemical engineer at Plastech Plc, a private factory that manufactures PVC windows and doors. “We have been importing the PVC resin from petroleum producing countries.”

The establishment of the new plant will not only save hard currency but also fuel the growth of domestic manufacturers that depend on industrial chemicals, according to Girma Alemu, finance manager of Oromia Pipe Factory Plc, a state company that manufactures various PVC pipes.

The management of EFFORT, whose board chairwoman is Azeb Mesfin, wife of Prime Minister Meles Zenawi, sees all of their subsidiaries getting their chemical inputs from the new chemical factory, according to a Messebo employee close to the issue.

Ethiopia’s import of resin in 2010/11 was 38,244tn, worth 75.2 million dollars, according to the Ethiopian Revenues & Customs Authority (ERCA).

The new chemical plant will be EFFORT’s 14th subsidiary and third industrial company. The other two in the industrial sector are Messebo Building Materials Production Plc and Mesfin Industrial Engineering Plc, both of which are expected to benefit from the products of the new company to be set up.

Other companies under the umbrella of EFFORT, established in 1995, include Ezana Mining Development Plc and Saba Dimensional Stones Plc in the mining sector, Trans Ethiopia Plc and Express Transit Services Plc in the transportation sector, as well as Sur Construction, Addis Pharmaceutical Factory Plc, Guna Trading Plc, Wegagen Bank, Sheba Tannery, Hiwot Agriculture, Almeda Textile, and Experience Ethiopia Travel (EET), a tour and travel company.


http://www.addisfortune.net/Ethiopia...r%20EFFORT.htm
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Old August 22nd, 2012, 08:26 PM   #66
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Oliberte footwear manufactured in Ethiopia

http://www.youtube.com/watch?v=haj2gHrmcs0

Last edited by unsaddledblue; August 22nd, 2012 at 08:36 PM.
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Old August 30th, 2012, 07:50 PM   #67
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Originally Posted by yosef View Post
lol



Ethio-Turkish Textile investment begins this month

Great news, hope it helps all the people there
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Old February 3rd, 2013, 02:25 AM   #68
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Ethiopia celebrates its first solar panel

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By Nilima Choudhury 29 January 2013, 15:21
Project developer SKY Energy International and Metals Engineering Corporation (METEC) are celebrating the fabrication of the first solar panel in Ethiopia.
The country’s first turnkey module assembly line was commissioned in April 2012 in a partnership between Spire Corporation, SKY and METEC. The installation of the factory was successfully completed in December last year at which time engineers laminated, tested and produced the solar panels.
SKY Energy International handled the logistics of the various machines involved in manufacturing the solar panels as well as the initial purchase of raw materials for the factory. Training was also conducted for the Ethiopian operators in the US. The final phase of training at the factory is expected to take place on February 2013.


http://www.pv-tech.org/news/ethiopia...st_solar_panel
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Old February 3rd, 2013, 02:32 AM   #69
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Farida Group sets up tannery in Ethiopia

Chennai, Jan. 29:


The Chennai-based Farida Group has established a tannery in Ethiopia to cater to export market and, if needed, for imports into India. The group is among the largest exporters of footwear and makes leather footwear for leading international brands.
The tannery about 70 km from Addis Ababa was commissioned towards the end of last year with a capacity to produce about 800,000 sq. ft of leather, according to Rafeeque Ahmed, Chairman, Farida Group.
The unit has been set up through Farida’s overseas subsidiary in Singapore. It is an independent unit that will cater to the markets for finished leather. It will export leather to the overseas markets and if needed supply to Farida Group’s requirements here, he said.
The African country is a rich source of quality raw material and setting up a tannery is a good value addition, he said. The Group has multiple leather footwear production units and tanneries in Tamil Nadu. The total footwear production capacity is over 22,000 pairs a day.
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Old February 3rd, 2013, 02:58 AM   #70
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Neu pharmaceutical factory in Addis

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Julphar to launch $9.6m plant in Ethiopia
The 40,000 sqm facility, which is based in the Ethiopian capital, Addis Ababa, cost US$9.6m to build.

Once fully operational, the plant will produce 25m bottles of suspension and syrup, 500m tablets and 200m capsules annually, which will be exported throughout Africa.

Julphar is currently recruiting 50 local staff for the plant, which is scheduled to open on 6 February.

"This is a significant announcement for Julphar and a huge step forward in terms of our international expansion and development. Julphar is proud to play a role in the development of Ethiopia," said Ayman Sahli, the firm's CEO.

Julphar makes more than 800 different types of drugs in its suite of 11 plants in Ras Al Khaimah, which are distributed over more than 40 countries. Last year, the firm completed the construction of a US$150m facility, Julphar XI, which is the first plant in the Gulf to manufacture insulin.

The company is building a factory in King Abdullah Economic City near Jeddah, Saudi Arabia, in conjunction with local partner Cigalah Group.
It is also constructing a plant in Algeria via a joint venture with the Algerian Ministry of Health, which will be completed next year.

Julphar posted profits of US$11.5m in the third quarter of 2012, up by 2.6 percent year-on-year. Revenues grew by 14.9 percent to US$74m during the same period.

http://www.wam.ae/servlet/Satellite?...=1135099399852
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Old February 5th, 2013, 04:09 PM   #71
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Malaysian Edible Oil Giant to Build Plant in Ethiopia

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Domestic production sought to close gap in demand, bringing an end to a reliance on imports

Malaysian palm oil manufacturer, Pacific Interlink, is set to erect the largest ever edible oil refinery in Ethiopia, which will produce 300,000tn of oil at an estimated cost of 401.1 million Br.
The company’s proposal was approved by the Privatisation and Public Enterprises Supervising Agency (PPESA), which initially designed and studied the viability of such a project.
PPESA did so as part of its role in designing projects for the establishment of new enterprises that are able fill gaps in the economy, but are as yet unsatisfied by the private sector.
Local oil production, in Ethiopia, only meets 20pc of the consumption, which reached 285,210tn in 2011/12, according to a study conducted by the Ethiopian Pulses, Oilseeds & Spices Exporters Association.
This is despite the fact that oilseeds are a large part of the country’s crop production and the third largest export commodity for the country, having earned it 323.8 million dollars in 2010/11.
Such a gap has led Ethiopia to rely on imports, of mostly palm-oil, for its edible oil consumption. These imports were supplied by the private sector until January 2011, when prices skyrocketed leading the government to successively introduce a price cap, and later, in May, take over the import of palm-oil altogether, distributing it at a subsidised price for consumers.
For a year, starting from May 2011, the government imported 16,000tn of palm-oil, on a monthly basis, from three suppliers found in Indonesia and Malaysia. It increased this by 9,000tn from May 2012, taking its total imports up to 300,000tn annually.
It is this amount of import that PPESA hopes to substitute locally, by facilitating the construction of a refinery plant.
After designing the project and conducting a feasibility study, it floated a tender, requesting that companies submit an Expression of Interest (EoI), in order to implement the project, either jointly with the government or independently.
Shortlisted candidates were asked to provide a complete business plan and a proposal concerning the modality and implementation of the project. They were also to be required to provide a three year audit report.
Three companies, including a local oil manufacturer and an Indian oil distributor, submitted their EoI’s by the bid closing date, of January 18, 2013.
In the end, it was Pacific Interlink’s proposal that was approved by the Agency, since the Indian company did not have adequate experience in refining oil on such a large scale and the local company lacked the capacity to do so, according to Asebe Kebede, assistant public relations head at the Agency.
Pacific, which was incorporated in Kuala Lampur in 1988, exports various commodities and services from Malaysia, including; soap, food products, palm-oil, paper and building materials. The company has three refining plants, one in Malaysia and two in Indonesia, which have a total refining capacity of 4,700tn a day. It also has a storage capacity of 135,000tn, in three different locations.
The company is not new to the Ethiopian market, having supplied the Ethiopian government since they started importing palm-oil. For the current contract, which ends in may 2013, it is expected to supply 103,200tn of palm-oil.
Pacific has opted to implement PPESA’s project on its own, rather than agreeing to a joint venture deal, which means the company will not be a state enterprise. It will be getting support from the PPESA and the Ministry of Industry (MOI), when it comes to acquiring an investment licence and land, among other things, according to Asebe.
PPESA’s study has already identified two locations, in Modjo town, 73Km east of Addis Abeba, and Woldya town, 521Km north, as the future sites for the project. The study also reveals that the project may take up to 26 months for commissioning and construction.
After it starts production, says the study, it will have a net present value (NPV) of three billion Birr and a payback period of four years.
By ELLENI ARAYA
FORTUNE STAFF WRITER

Published on Feb 03, 2013 [ Vol 13 ,No 666]
http://addisfortune.net/articles/mal...t-in-ethiopia/
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Old February 13th, 2013, 10:40 PM   #72
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Ethiopia has started producing solar panels

Ethiopia has started producing solar panels. A good news

http://addisfortune.net/articles/met...ustry-with-5m/
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Old July 10th, 2013, 10:31 PM   #73
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Samsung set to open assembly plant in Ethiopia

Samsung has announced it has concluded an agreement with the Ethiopian government to establish a laptop and printer assembly plant in the country over the next few months.

The announcement was made during the Fourth International Samsung Conference in Cape Town, South Africa.

Samsung Electronics East Africa's Chief Operating Officer, Robert Ngeru said “We have finalized the agreement with officials from the Metal and Engineering Corporation and officials from other government bodies”.

According to Ngeru, Samsung has also finalized agreements to assemble television sets and refrigerators in the country.

Additionally, by partnering with MultiChoice Ethiopia, Samsung plans to offer consumers purchasing Samsung Televisions an inbuilt decoder.

Accordingly, Samsung customers will get a free decoder with every purchased television set, thereby enabling them to enjoy the benefits of digital TV immediately.


Source: Ministry of Foreign Affairs
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Old July 11th, 2013, 09:33 AM   #74
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Originally Posted by FKebede
Samsung set to open assembly plant in Ethiopia

Samsung has announced it has concluded an agreement with the Ethiopian government to establish a laptop and printer assembly plant in the country over the next few months.

The announcement was made during the Fourth International Samsung Conference in Cape Town, South Africa.

Samsung Electronics East Africa's Chief Operating Officer, Robert Ngeru said “We have finalized the agreement with officials from the Metal and Engineering Corporation and officials from other government bodies”.

According to Ngeru, Samsung has also finalized agreements to assemble television sets and refrigerators in the country.

Additionally, by partnering with MultiChoice Ethiopia, Samsung plans to offer consumers purchasing Samsung Televisions an inbuilt decoder.

Accordingly, Samsung customers will get a free decoder with every purchased television set, thereby enabling them to enjoy the benefits of digital TV immediately.

Source: Ministry of Foreign Affairs
Thats fantastic news but ill believe it when I see it under construction. So many news of MNCs setting up plants in ssa come to nothing.
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Old July 11th, 2013, 10:31 AM   #75
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Originally Posted by popa1980 View Post
Thats fantastic news but ill believe it when I see it under construction. So many news of MNCs setting up plants in ssa come to nothing.
This assembly plants are nothing ,, compered to what will come when the power plants are complete and start to generate power,,,with all that electricity and we will see all major manufacturers in the world coming to open a plant in Ethiopia,,, that will be when we will transform the economy from an agri led one into one of the manufacturing hub's of the world.
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Old July 11th, 2013, 04:45 PM   #76
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Originally Posted by FKebede View Post
This assembly plants are nothing ,, compered to what will come when the power plants are complete and start to generate power,,,with all that electricity and we will see all major manufacturers in the world coming to open a plant in Ethiopia,,, that will be when we will transform the economy from an agri led one into one of the manufacturing hub's of the world.
Don't forget the big thing- none of this will happen until we finish the new rail line.

Mark my words, Dire will become a major industrial city for this every reason. Proximity to the port.

I'm just laughing thinking this could have been Massawa and Asmara benefiting from this all. Which they would have. Their loss!
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Old July 11th, 2013, 10:31 PM   #77
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Originally Posted by Simfan34 View Post
Don't forget the big thing- none of this will happen until we finish the new rail line.

Mark my words, Dire will become a major industrial city for this every reason. Proximity to the port.

I'm just laughing thinking this could have been Massawa and Asmara benefiting from this all. Which they would have. Their loss!
Not so much Massawa(especially not Asmara) since its farther up North, but Assab and the surrounding areas for sure. Sigh.
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Old July 11th, 2013, 10:44 PM   #78
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Quote:
Originally Posted by FKebede View Post
This assembly plants are nothing ,, compered to what will come when the power plants are complete and start to generate power,,,with all that electricity and we will see all major manufacturers in the world coming to open a plant in Ethiopia,,, that will be when we will transform the economy from an agri led one into one of the manufacturing hub's of the world.
let's just hope it won't be at the cost of the environment. Look at China. Literally some villages are called cancer villages.
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Old July 12th, 2013, 01:09 AM   #79
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Not so much Massawa(especially not Asmara) since its farther up North, but Assab and the surrounding areas for sure. Sigh.
Well I mean historically Massawa was the main port, so I imagine most investment would go there. And Asmara had that infrastructure too, and was fairly close. Anyways it would cetainly make more sense to set up a factory 60 miles from the port as opposed to one 600 miles from the port in Addis.

But Massawa! Oh, you guys would have it so good. Imagine the tourism. Heck, I wouldn't be surprised if Massawa and not Addis became Ethiopian's main hub because of the low altitude (which sytmies Addis' growth as a hub) and the tourism and transit traffic through there. It would be developing very rapidly right now.

The gap between Eritrea and the rest of Ethiopia would have considerably widened, I imagine.
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Old July 12th, 2013, 01:11 AM   #80
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TBF you don't need Ethiopia to do most of that, of course, although I imagine capital formation, infrastructure funding, and attracting FDI would be greatly eased if you had that market behind you. (And of course, you wouldn't have EAL) All you need is to open up the market and loosen controls. That, and modernising the railway. Steam engines are quaint but not very efficient in 2013.
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