
Abyot Kebede, EIG salesperson, at the opening of the 4th International Automotive Fair (IAF 2007), Thursday May, 17, 2007 at the Exhibition Center, briefing Kasahun Haile Mariam, Director of Ethiopian Transport Authority.
IAF 2007 brings together 61 local and 17 international exhibitors presenting their respective products and services with state of the art presentation aids and incentive packages for visitors. Thailand, Malaysia, India, Iran, Germany, USA, and Sudan are represented among the international exhibitors. The fair is organized by ED Stelar Trading Plc in collaboration with the Ethiopian Ministry of Foreign Affairs, Holland Car Plc, IVECO and Maru Metal among others.

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AU gets $150 mln for office expansion
By Groum Abate
The Chinese Government and the African Union signed a 150 million dollar agreement for the office expansion project of the AU, located in Addis Ababa.
The former Addis Ababa City Government Mayor, Arkebe Oqubay, at a ceremony held in July 2004 had announced a land grant title deed worth 28 million dollars for the AU.
Subsequently, the AU had not utilized the plot because of lack of finance.
The city cleared the area for the expansion project shortly after it granted the plot. The state penitentiary was among the demolished buildings on the site.
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Harar water
tender opens amid complaints
By Groum Abate
The Harar Water and Sanitation Project tender, at which five companies showed interest, was opened on Thursday May 17, 2007.
Reading at the opening showed that CGC of China and BSPINA of Spain offered 9 million euros respectively and Jos Hansen bid 8 million euros before tax for the project. Hagbes Plc, representing two Indian firms, offered 6.58 million euros and Yadot Business Group tabled 6.6 million euros. Both quotes include tax. |
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