Accordingly Phase one of the project will commence groundbreaking with a two hundred fifty million birr investment in May.
The Group has also appointed a veteran from Silicate and Construction Industry as the CEO which subject to regulatory approval the identity will be disclosed soon. The appointment of such a high profile personnel will spree heads the Groups industrial Development vision.
The final version of feasibility study on that includes market, raw materials study, technology and engineering, financial and environmental impact assessment is under review by the senior Management which was submitted by the consultants.
The raw material site preparation including quarry deposit and the first five hectares development for the factory site will commence mid-May according the project program manager. The land development, site plan and architectural drawings have been readied for submittal for construction permit.
For more information contact:
Corporate Communication Officer-Infra Group