Qatari group expresses interest in Ethiopian plant construction

A Qatari business group led by Sheikh Fahad Ahmed M T Al Thani has expressed an interest in constructing a cement plant in Dire Dawa, Ethiopia, as part of a series of investments across various sectors in the African country.

AllAfrica news reported that during a meeting with Ethiopia’s president Mulatu Teshome last week, Mr Al Thani said he had visited various investment sites and plans to launch four projects worth around US$500m including the cement plant.

Mr Teshome stressed that the underlined the government would consolidate support to investors who are keen to invest in Ethiopia.