Investments
Azezom
Investment Group Holding Company (AIGHC)’s investment in the AZ Five Star Hotel
Project is a major development in the city of Mekele. The hotel is expected to
create jobs and boost tourism in the region. Moreover, it’s investment in the
US Rolling Mill (Rebar manufacturing) is also significant. The mill will
produce rebar, which is a key material used in construction. In addition, it’s investment
in the AZ Tube mill is also expected to create jobs and boost the manufacturing
sector in Ethiopia.
Azezom Investment Group Holding (AIGHC)'s investment portfolio in
other financial and share companies is also diversified. This helps to reduce
the company's risk and ensures that it is exposed to a variety of growth
opportunities. It's investments in financial institutions, such as Lion
International Bank S.C and Lion Insurance S.C, are also important for the
development of Ethiopia's financial sector.
Overall, Azezom Investment Group Holding Company (AIGHC) is a
major player in the Ethiopian economy. The company's investments are expected
to contribute to the country's economic growth and development.
Here are some additional details about the company's investments:
·
The AZ Five Star Hotel Project is a 500-room hotel that is
currently under construction. The hotel is expected to be completed in 2024.
·
The US Rolling Mill (Rebar manufacturing) is a new mill that was
recently commissioned. The mill has a capacity of 100,000 tons of rebar per
year.
·
The AZ Tube mill is a new mill that is currently under
construction. The mill is expected to be completed in 2025. The mill will have
a capacity of 50,000 tons of tubes per year.
·
The company's investment portfolio in other financial and share
companies includes a variety of companies, such as Saba Ethiopic Resorts S.C,
Goda Glass factory S.C, Habesha Cement S.C, and Fendegua business Center
rehabilitation SC.
Azezom Investment Group Holding Company (AIGHC) is a privately
held company that is not listed on the stock exchange. The company's management
team is experienced and has a proven track record of success. The company is
committed to responsible investing and is a member of the Ethiopian Investment
Holdings Association.