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[Dec 2017] Belayab Enterprise Ethiopia Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Pizza Hut to open in Addis

Pizza Hut, a division of Yum! Brands Inc will be introducing the first US chain restaurant in Ethiopia within the next six months. Pizza Hut signed the agreement with Belayab Foods and Franchises on Wednesday April 26, 2017. Although it might change in the long term, initially all ingredients for the pizza chain will be sourced from abroad.

The agreement was signed to bring the franchise to Ethiopia at an estimated investment of 130 million birr expected to be spent with in the coming 18 to 24 months. Three different locations have

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Belayab, KIA Motors unveil cars assembled for Ethiopian market

Belayab Motors announced its partnership with KIA Motors Corporation for the assembly and sale of KIA automobiles in Ethiopia. The two companies was officially unveiled a number of car models that have been assembled, on Thursday, May 11, 2017 at the Sheraton Hotel.

Belayab Motors has established its assembly factory in Adama and has started to assemble RIO and PICANTO models for the market.

“Our company has already assembled RIO and PICANTO, two popular sedan car models and is in the process of introducing several

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BelayAb Motors Secures Multi-million Br Vehicle Supply Contract

Belay Ab Motors, a known name in the local automotive industry, has won the tender to supply 22 vehicles to federal offices – each worth 1.2 million Br.

The company signed a contract with the Public Procurement Property Disposal Service on October 24, following an evaluation of both the technical and financial documents of the bidders. The vehicles were expected to be fully supplied within 90 days. However, Belay Ab already delivered all 22 vehicles this week.

Out of the delivered pickups, 18 of them were bought on

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Golden Tulip joins Addis Ababa’s booming hospitality industry

A local hotel firm, Aschalew Belay Hotel Projects, is signing a profit sharing agreement late in the afternoon today with the Europe-based, Louvre Hotel Groups, to enable the former operate a newly-built four-star hotel under the Golden Tulip Hotel brand.

Golden Tulip Hotels and Resorts, managed under Louvre Hotel Groups, will be officially operating by joining the booming hotel industry in Addis Ababa in three months with a plan to build its 4-Star hotel, the owner of the Hotel

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Belayab Enterprise to Start Vehicle Assembly

Aschalew Belay BelayAb Enterprise and Golden Tulip Owner in EthiopiaA new vehicle assembly plant; Belayab Enterprise (BE), is firming up negotiations with Ethiopia's Oromiya Investment Bureau for a 15,000 meter square plot to establish a 65 million birr facility. BE has already started building a workshop on 2800 sq.mt it has secured in Akaki.

BE will be the

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