Construction of Tana Beles Sugar Factory Number 1 Resumed

Factory expected to produce sugar in eight months requires 95 million USD The remaining construction of Tana Beles Sugar Factory Number 1 resumed last week following Sugar Corporation’s and China CAMC Engineering Co., Ltd (CAMCE) agreement signed in January 2019 to complete construction of the factory very soon. According to the agreement, the Factory is expected to produce sugar in eight months period. Most of the 5.7 billion birr finance allowed by the Ethiopian Government is to be spent for the completion of Tana Beles 1 and Omo Kuraz 2…