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Pulp mills are to be constructed in Ethiopia jointly with Bamboo Star Agro Industry and three Chinese firms.
Bamboo Star started undertaking bamboo development in Benshangul-Gumz State with a capital of 136 million dollars on a plot of 393,000 hectares of lease free land. The company has also secured another 50,000 hectares in the state for plantation and harvesting bamboo.
All parties planted bamboo seedlings during the official inaugural ceremony of the company’s plant at Assosa.
The mills are scheduled to come on line in two years and would cost hundreds of millions of dollars, which would be a joint venture between Bamboo Star and the other parties.
According to officials of the company, the new venture would put Ethiopia as the biggest producer of pulp in Africa after all factories become operational.
A pulp mill is a manufacturing facility that converts wood chips into a thick fibre board which can be shipped to a paper mill for further processing.