NAIROBI (Reuters) - Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing at an initial cost of $15 million, the government's investment agency said on Friday. The state-owned carrier, which is the biggest in Africa, has already signed the deal that also involves the local state Industrial Parks Development Corporation, the Ethiopian Investment Commission said on X, formerly known as Twitter. The venture will make "aerospace parts, including aircraft thermo-acoustic insulation blankets, electrical wire harnesses, and other parts," the commission said. "The investment project is expected to create employment opportunities for more than 300 Ethiopians," it said. It was not immediately clear if Ethiopian Airlines has also suffered from similar lack of parts.

Source: Ethiopian News August 18, 2023 19:07 UTC