The Government of Ethiopia today lays cornersstone for two major projects in Somali region: urea fertilizer plant, to be developed by Ethiopian Investment Holdings in partnership with the Dangote Group, and the Gode Oil Refinery, to be constructed by Golden Concord Group Limited (GCL).
The ceremony this morning was attended by P{rime Minister Abiy Ahmed. The Gode Oil Refinery will have a production capacity of 3.5 million tons per year, utilizing crude oil and condensate from the Hilala oil field. Meanwhile, the fertilizer plant, with a capacity of 3 million tons annually, will rely on natural gas from the Calub gas fields, delivered through a 108 km pipeline.
“These projects represent more than industrial progress. They embody our shared responsibility to harness opportunities, strengthen cooperation, and promote peace. Hence I call upon all Ethiopians to continue mobilizing in unity for progress. By doing so, we elevate Ethiopia’s presence on the global stage in a way that honors the true spirit of our Ethiopian identity,” said Abiy Ahmed.
