Day: March 10, 2024

The National Air Transport Facility Committee announced that Ethiopia’s outstanding results attained in the aviation sector will be pursued in a strengthened manner.

The Ethiopian Airlines is implementing modern systems that will enable it continue to manifest the country’s good image.

The Airline is one of the fastest-growing global airline brands and Africa’s largest airline, it stated, and emphasized that Ethiopian has been the champion in various coveted global aviation awards for its unrivalled in efficiency and operational success.

Modern systems and reforms that will scale up its global competitiveness are underway, it was indicated.

The National Air Transport Facility Committee evaluated the airlines 6 months performance and showcased the successful achievements.

Transport and Logistics Minister, Alemu Sime said that Ethiopia has registered remarkable achievement in the air transport sector and will continue in a strengthened manner.

Modern systems that will enable the Ethiopian Airlines sustain
and pursue its success are being implemented, he added.

Beyond being a symbol of national pride for centuries; the Ethiopian Airlines has been a leading institution in the international aviation sector, Alemu emphasized.

The successful journey of Ethiopian continues in a far better, the Minister explained, adding that the Ethiopian Airlines will continue to be the world’s preferred airline by proactively mitigating and rectifying challenges that may arise during the course of its activities through strict discipline and effective working systems.

Ethiopian Airlines Group CEO, Mesfin Tassew noted that Ethiopian continues to grow in all aspects and maintain its success.

Ethiopian has registered a 29 percent growth compared to same period last year’s number of passengers transported, a 14 percent growth in revenue while 22 percent in profit, he stated.

Ethiopian has currently 145 aircrafts and purchase orders for new aircrafts has already been put out, Mesfin pointed out.

Hence, it has maintained to contin
ue its journey of success, the CEO, stated, and emphasized that through introducing and implementing modern systems it continue to achieve remarkable accomplishments.

The airline adheres to strict discipline and quickly addresses any problems encountered, Mesfin underscored.

Ethiopian Federal Police Deputy Commissioner General, Zelalem Mengistie said on his part that latest technologies are in place to ensure the safety and security of Ethiopian and will continue in a strengthened manner.

Police is closely following on criminal activities around the airport, he stated, and added legal measures will be taken following appropriate investigation.

Ethiopian Civil Aviation Director General, Getachew Mengistie said Ethiopian flight safety is confirmed by international organizations’ report audit.

Source: Ethiopian News Agency

Yirgalem Integrated Agro-Industrial Park, located in Ethiopia’s Sidama Region, stated that it has been creating economic benefits for the local community by strengthening their participation in the supply chain.

The Park, which covers 294.5 hectares, concentrates on processing organic dairy, avocado, and coffee for export, is also playing a pivotal role in the national economy by exporting its products abroad and enhancing import substitution.

The Park’s Chief Executive Officer, Hailu Yetera said more than 16,000 citizens have been able to benefit from the park by engaging in the supply chain.

The park is assisting youngsters in the area in preparing seedlings of various plants, including avocado, in order to enable them to supply the seedlings for local farmers, he added.

Hailu further stated that efforts are also underway to enhance the benefits of the local community around the park by designing development projects, citing activities being carried out in the production of honey and other agricultural
products as well as the construction of schools, health facility and the supply of potable water.

Indicating that the park was officially inaugurated three years ago, the CEO revealed that the park has secured 15.5 million USD from the export trade of edible oil extracted from the pulp of avocados during the stated period.

Yirgalem Integrated Agro-Industrial Park has also enabled the nation to save close to 14 million USD through value added products of milk and other agricultural outputs to domestic market, the CEO pointed out.

There are 3 Rural Transformation Centers (RTCs) situated within a 100-kilometer radius of the park at Bensa Daye, Aletawondo and Morocho.

The RTCs are rural development initiatives of the Government of Ethiopia that not only facilitate inclusive rural development, but also serve as a linkage to Yirgalem Integrated Agro-Industrial Park in terms of raw material supply.

For most farmers, the RTCs are the main point of contact with commercial agricultural value chains, according to t
he park.

In addition to the Industrial parks of manufacturing sector, the government of Ethiopia has given a great deal of attention to the development of Integrated Agro-Industrial Parks with a view to accelerating rural transformation and bring agricultural transformation in the country.

Source: Ethiopian News Agency

OVID Real-Estate, a sister company of OVID Group, has today officially launched the ongoing construction of housings projects in Addis Ababa.

On the occasion, the company has also carried out sales of houses with 40 percent discount that lasts only for a single day.

The multiple purpose houses offered for sale are under construction located at the center of Addis Ababa.

These state of the art houses are believed to not only alleviate the burden of housing shortages of the capital, but also provide aesthetic value to the city, it was indicated on the event.

Deputy CEO of the company, Daniel Abebe said his company is working to alleviate the demands of houses by offering various alternative mechanisms.

OVID Group is working in partnership with housing development sector stakeholders in Ethiopia with a view to alleviating housing shortage in the country.

The company, which has recently completed the construction of modern residential houses built in 18 months in Addis Ababa, has practically proved that the
re is huge opportunity in housing industry in Ethiopia.

In addition to housing development, OVID Group has also announced the completion of project study to commence a public cable car transportation service in Addis Ababa

Source: Ethiopian News Agency