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Ato Warku Aitenu is going to build a cement factory for 1,000,000,000.00 US dollars!

 

#Ethiopia It has been said that the rich man is going to build a new cement factory after seeing the gold.

 

Mr. Worku's new cement factory; It has been allocated a capital of 1 billion dollars, which is said to be the largest investment of the investor.

 

Ato Warku Aitenew previously invested heavily in the oil plant he inaugurated last year.

 

The tycoon invested 5.2 billion birr in an oil producer named W.A.

 

 This tycoon's oil production is located on a 17-hectare site in Debremarkos city.

 

Ato Worku, who now turned his face to the cement factory; National Cement's Ato Molaayheu Biaznun, Derba's Mohammed Hesse Al Amoudi and another businessman who recently bought 40 percent of Habesha Cement will join Getu Galetu's business domain.

 

For the cement factory that Ato Warku is building with the same name as his oil factory; It is said that they have requested 150 hectares of land near Dejan city in the Amhara region, and they are looking for a business partner for the factory, according to a report in the English reporter newspaper.

 

The newspaper also read that Kasim Siraj, the project manager of the factory, said that we have completed our preparations to build and complete the factory within two years.

 

In the next two years, the Abai, Berrentu and Mimi cement plants are expected to enter the market, and the Gold Aitenu WA is expected to be the fourth.

 

There are currently 13 cement manufacturers in Ethiopia.

 

Category
Celebrity
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