KPR Group Inaugurates $2.5 million Built Plant In Mekelle Industrial Park

KPR Group, an integrated textile manufacturing company from India, inaugurated today its plant built at a cost of $2.5 million at the Mekelle industrial park, Tigray regional state.

KPR made its first apparels export from Mekelle industrial park to the European Union market in January 2019. It has so far exported more than 200,000 units in two-rounds, it was noted at the inauguration ceremony.

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Ethiopian government says EU-Ethiopia business forum to lure European investors

The Ethiopian government on Tuesday revealed that its business and investment promotion team at the European Union (EU)-Ethiopia Business Forum, which kicked off Tuesday in Brussels, envisaged to lure more European investors to Ethiopia.

The Ethiopian Investment Commission (EIC), in a statement issued on Tuesday, disclosed that the EU-Ethiopia Business Forum, being held from May 14 to 15 in Brussels, capital of Belgium where the EU headquarters are located, would enhance European investments to the East African country.

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