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Earthly powers | Business Destinations – Make travel your business
"There is lots of land in Ethiopia, especially in the lowland areas," said Haile Assegide, CEO of Saudi Star, in a recent Bloomberg interview.
Archives for: January 2010
Haile Assegide is a former Ethiopian government minister who now serves as chief executive of Saudi Star Agricultural Development Plc, a company which was given 10,000 hectares in Gambella to farm rice for 60 years rent-free.
He estimates that 45 per cent of the farm's yield will be sold on the Ethiopian market.
The Chief Executive Officer of Derba ...
The Chief Executive Officer of Derba Midroc, Haile Assegide, told The Reporter that Saudi Star will secure some 130,000 hectares of land very soon.
News « Ethiopia: A voice for the voiceless
The company, based in Addis Ababa, leased 10,000 hectares (24,711 acres) in Ethiopia's western Gambella region for 60 years at a cost of 158 birr ($9.42) per hectare annually, Chief Executive Officer Haile Assegide said in an interview on March 18.
It plans to rent an additional 290,000 hectares from the government, he said.
State Minister of Infrastructure, ...
State Minister of Infrastructure, Haile Assegide said the trade fair makes a significant contribution to Ethiopia's economy, because of its role in "bringing together suppliers and consumers, facilitating the transfer of technology, and serving as a platform for exploring the possibilities of joint venture among participants."