Sinoma signs US$600m industrial agreement with Sino-Ethiopian JVICR Newsroom By 17 April 2023China-based Sinoma International Engineering has signed a cooperation agreement with Sino-Ethiopian joint venture, National West Industrial Holding (NWIH) Building Materials Holding Co, to undertake a US$600m investment in an industrial park development project in eastern Ethiopia. Sinoma will undertake the engineering, procurement and construction works of the Melka-Jebdu industrial park development project, which includes a 6000tpd cement plant, along with metal and lime production plants, in Dire Dawa, 452km east of Addis Ababa. The industrial park will be located near the ports of Djibouti, which will provide the company with a strategic location to easily access international trade routes and export products. The construction of the cement plant is an extension of NWIH’s investment in cement production in the country. The company’s first plan is located in Lemi Town, Semien Shewa (North Choa) area of Amhara region.

Source: Ethiopian News April 17, 2023 14:39 UTC