Mitsubishi Corporation stated that it was interested to invest in Ethiopia in the textile and automotive sectors. Tetsuya Shinohara, Vice President of Mitsubishi Corporation, expressed his company’s interest during a visit to Ambassador of Ethiopia to Japan, Tefera Derbew.

Mitsubishi is currently involved in the construction of the Tulu Moye Geothermal Power Plant which has an expected capacity of generating 50MW of electricity when it becomes operational.

Source: Fana BC