Mar 23 , 2019
The construction of the 8.8-billion-Br Abay Cement Factory has officially begun in Eastern Gojam zone, Dejen wereda, Amhara Regional State. Construction is planned to take two years, and the factory is expected to create 1,500 jobs and will have the capacity to produce 2.25 million tonnes of cement a year. Abay, which is part of the Abay Industrial Development S.C., an economic wing of the Amhara Regional State, is expected to begin trial production in 28 months. Abay Industrial is a public-private partnership formed with four billion Birr in registered capital raised from about 516 investors and state-owned enterprises in the Amhara Regional State.
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