Ato Warku Aitenu will construct a concrete plant for 1,000,000,000.00 US dollars!Ethiopia It has been said that the rich man will construct another concrete industrial facility in the wake of seeing the gold.Mr. Worku’s new concrete plant; It has been distributed a capital of 1 billion bucks, which is supposed to be the biggest venture of the financial backer.
Ato Warku Aitenew recently put vigorously in the oil plant he introduced a year ago.
The magnate put 5.2 billion birr in an oil maker named W.A.
This big shot’s oil creation is situated on a 17-hectare site in Debremarkos city.
Ato Worku, who presently turned his face to the concrete manufacturing plant; Public Concrete’s Ato Molaayheu Biaznun, Derba’s Mohammed Hesse Al Amoudi and one more finance manager who as of late purchased 40% of Habesha Concrete will join Getu Galetu’s business area.
For the concrete plant that Ato Warku is working with similar name as his oil production line; It is said that they have mentioned 150 hectares of land close to Dejan city in the Amhara locale, and they are searching for a colleague for the production line, as per a report in the English correspondent paper.
The paper additionally read that Kasim Siraj, the undertaking director of the production line, said that we have finished our arrangements to fabricate and finish the manufacturing plant in two years or less.
In the following two years, the Abai, Berrentu and Mimi concrete plants are supposed to enter the market, and the Gold Aitenu WA is supposed to be the fourth.
There are at present 13 concrete producers in Ethiopia.