By Tesfu Telahoun
Mr. Jairam Ramesh, India’s Minister of State for Commerce and Power, in a highly detailed and wide-ranging exclusive interview with Capital, likened his nation 40 years ago, challenged by successive famines due to extreme food insecurity to the Ethiopia of today, noting that before India’s Green Revolution, the nation did not carry itself with the dignity and self assurance it currently projects. (Continued on page 14)
Mr. Ramesh on an official visit here from 5 to 7 October, stressed the importance of a pointed focus on enabling Ethiopia to meet its food requirements.
“There is no reason why Ethiopia should not be the bread basket of the region. Ethiopia should not have to be importing food grains. Forty years ago India was where Ethiopia is today. We were one of the largest importers of wheat – up to 25% of all the wheat produced in America was bought by India. Today however, we are a net exporter of wheat and of rice, too.”
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Powerful winds for EEPCO
By Groum Abate
The Ethiopian Electric Power Corporation (EEPCo) and Vergnet Groupe, a French wind turbine manufacturer, have signed an agreement worth 212 million Euro for setting up a large wind farm to generate electric power, in Ashegoda area, 30 kilometers from Mekelle.
EEPCo General Manager, Mihiret Debebe and Vergnet Groupe, Chairman, Marc Vergnet, signed the agreement on Thursday October 9, 2008.
The project intends to generate 120 MW and is the first of its kind in Ethiopia. It has an implementation schedule of 36 months with two phases; the first yielding 30 MW will be commissioned in 16 months.
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ATR, Bombardier vie for Ethiopian order
By Groum Abate
Two aircraft manufacturers have been selected for the final phase of Ethiopian Airlines’ bid to source airplanes to advance domestic routes.
Ethiopian was evaluating offers from six suppliers it had invited to participate: CATIC International Holdings Limited (China), Embraer (Brazil), ATR Avion de Transport Regional (Franco-Italian), Bombardier (Canada), Sukhoi Super Jet (Russia) and Mitsubishi (Japan).
After detailed review, ATR and Bombardier were selected for the final phase of the bid.
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Djibouti Port invites exporters
By Tagu Zergaw
Members of Ethiopian exporters associations, the Forwarding and Shipping Agents Association and the Addis Ababa Chamber of Commerce and Sectoral Associations, are to depart for Djibouti on October 20, 2008, on a three-day invitational visit to the Port of Djibouti.
The delegates will meet the general director of the Port of Djibouti, Jerome Oliviera, the chairman of Ports and Free Zone Authority (DPFZA), the Djiboutian ministers of transport Ali Hassan Bahdon, of trade, Rifki Abdoulkadir Bamerkrama, Djibouti Port Commercial Manager, Djama Ibrahim Darar, agents of shipping lines, freight forwarders and chambers of trade.
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