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Tigray to sell shares in 3 EFFORT group companies

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Addis Ababa, July 10, 2019 (FBC) – The Tigray regional state announced plan to sell shares in three of the Endowment Fund for the Rehabilitation of Tigray (EFFORT) group companies.

The three companies are Mesebo Cement factory, SUR Construction and Trans Ethiopia Plcs.

Dr Abrham Tekeste, head of the Tigray urban development, trade and industry bureau with the rank of Deputy Chief Administrator, said preparation have been finalized to sell the shares at the International Tigray Diaspora festival scheduled to take place this month.

He called on members of the Diaspora community to take active part in buying the shares.

Dr Abrham further said preparations have been made to attract move investment to the regional state.