Ethiopia inaugurated today Omo Kuraz number 3 sugar factory in Bench and Maji zone, in Southern Ethiopia. Over 8 billion Ethiopian birr is reportedly spent to complete the project.
The factory which is to become the 8th operational sugar factory in the country is financed by loan secured from Chinese Bank and completion of it took three years.
Prime minister Abiy Ahmed, former Ethiopian Prime minister Hailemariam Desalegne, Muferiat Kamil (Speaker of house of representative) and Eritrean President Isayas Ageworki were among the dignitaries present during the inauguration.
Hailemariam Desalgne is credited for initiating the project during his terms of office as president of South regional state and has also contributed a lot for the completion of the project, according to a report by government affiliated media outlets.
The Chinese build factory has the potential to produce up to 10,000 quintals of sugar a day. Government is undertaking irrigation project over river Ormo to cultivate sugar cane on 100,000 hectars of land which is expected to supply the factories with raw material.
The factory opened job opportunity to thousands of people and the work force is mostly young age group.
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