The state-run Ethiopian Sugar Corporation (ESC) announced in late January this year an international tender for supply and delivery of 200,000 tonnes of white cane sugar, according to the recent USDA Gains Report.
Zhonggong International recently signed a contract with the Ethiopian Sugar Company to build a sugar factory in Amhara, according to press reports from China.
Ethiopia’s Prime Minister Abiy Ahmed and Eritrea’s President Isaias Afeworki inaugurated the Omo Kuraz III sugar factory on 15th October, according to the local press reports.
In mid-May, the state-owned Ethiopian Sugar Corporation (ESC) issued an international tender for 200,000 tonnes of sugar to address persistent shortages according to USDA. Bids are due June 19 and delivery of shipments is expected between September and November.
Ethiopia – Government seeks to source experienced overseas contractors for new build sugar projects [Full subscriber]
Ethiopia’s government plans to hire foreign companies to help develop the country’s sugar industry, after cancelling a military-industrial conglomerate’s contract on a key project, reported Bloomberg.
The state-run Ethiopian Sugar Corporation (ESC) is buying imported sugar to alleviate marketplace shortages, according to the USDA attaché report from the country.
Ethiopia – Construction for the new US$51 mln ethanol plant at Wonjo Shoa Sugar factory begins in October [Full subscriber]
Ethiopia has joined hands with Germany’s Eugen Schmitt Company to build an ethanol plant at the Wonjo Shoa Sugar Factory. The plant is expected to cost US$51 million, according to local press reports.
Turkey’s Bedisa Group is negotiating to acquire a 75% stake in the Beles Sugar Project in Amhara state for about $1 bln, according to local press reports.
The Ethiopian government has invested significant sums to expand sugar production and become of the ten largest global producers of sugar by 2023. The government’s Growth and Transformation Plan I (GTP–‐I) (2010/11 –2014/15) prioritised building ten sugar factories and expanding cane production to 320,000 hectares. However, the opening of most of these new sugar facilities is significantly behind schedule, particularly the Kuraz Sugar Development Project (KSDP) which is beset by a host of problems triggered by poor planning1.