Top news items in Ethiopia's major media outlets
Xinhua, August 12, 2016 Adjust font size:
The following are news highlights of Ethiopia's major media outlets on Friday.
-- The Ethiopian Railways Corporation (ERC) is set to establish a Corporation which will administer the Addis Ababa-Mieso-Dewelle-Djibouti railway line.
The railway line will begin trial operation after the power supply line is connected to the main grid in weeks' time, Dereje Tefera, Public Relations Service Head at ERC, told FBC Thursday. (Fana Broadcasting Corporate/FBC)
-- Ethiopia eyes alternative port service to ease load on Djibouti port.
The ever increasing load of goods at Djibouti Port has forced the country to use alternative ports, according to the Ministry of Transport. (Ethiopian News Agency/ENA)
-- The Leather Industry Development Institute (LIDI) (of Ethiopia) said it has prepared a plan that enhances the foreign currency obtained from the sector.
Speaking at the annual performance report of the leather industry on Thursday, LIDI Director-General Wondu Legesse said only 62 percent of the 185 million USD target set for the just-ended fiscal year was achieved. (Ethiopian News Agency/ENA)
-- The Federal Manufacturing Industry Development Agency (FMIDA) has put aside a 7 billion birr loan for over 17,000 enterprises which will engage in the manufacturing sector this Ethiopian budget year.
In addition to the loan, the enterprises will be provided with production places, Asfaw Abebe, Acting Director General of FMIDA told FBC Thursday. (Fana Broadcasting Corporate/FBC) Endit