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Forum => Kenya Discussion => Topic started by: RVtitem on October 10, 2014, 08:09:53 PM

Title: Ethiopian on track to be africa's chinaman
Post by: RVtitem on October 10, 2014, 08:09:53 PM
(http://www.metec.gov.et/index.php/en/) Ethiopia-based Metals & Engineering Corporation (MetEC) has completed the assembling of a prototype train for the Addis Ababa light-rail transit (LRT) project.
MetEC has manufactured the body while the undercarriage and bogies have been imported from the Hungary-based Danubian Aircraft Company (DAC).
DAC will also assist in the production of tracks, which in turn is being supervised by the Ethiopian Railway Corporation.
The under construction 34.2-km LRT system will comprise two lines: the 16.9 km North-South line from Meskel Square to Kality and 17.3 km East-West line from Ayat Village to the Defence Forces Hospital.
China Railway Eryuan Engineering Group Company Limited (CREEC) commenced construction in December 2011. The work is expected to be completed by January 2015.
The USD475 million project is expected to carry 80,000 passengers per hour.

(http://[tweet]519356273519636480[/tweet]/photo/1)
(https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/1912499_681960218540140_6016551141304665649_n.jpg?oh=df43e2c594dd4cc3af44e965c7c4a969&oe=54BBC7BF&__gda__=1422384770_99c3a9bde52523dcfc2deaaa9df14da9)
(https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-xpf1/v/t1.0-9/10557446_681960235206805_6982484287733498230_n.jpg?oh=c55f78023d5b63e0586b478dbdb1b0e9&oe=54C10D90&__gda__=1421025530_0b1ed117d7a26449e817909a14167daa)
(https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-xfp1/v/t1.0-9/10687160_681960258540136_8303257394908291767_n.jpg?oh=73b7a02001f99cd4e817ac072a59e3e7&oe=54CC7349&__gda__=1421245376_92a24ff46104abb0e357054820ee2cd9)

Title: Re: Ethiopian on track to be africa's chinaman
Post by: RVtitem on October 10, 2014, 08:15:04 PM
Ethiopia: MetEC to Assemble Polish Tractors

(http://www.2merkato.com/news/alerts/3287-ethiopia-metec-to-assemble-polish-tractors) Based on a knocked-down export agreement concluded between Ethiopian Metals and Engineering Corporation (MetEC) and Ursus SA, Polish agriculture equipment producer, MetEC is prepared to take delivery of the first 1,500 tractors from the latter.

There are five models that are being supplied and they are either completely or partially knocked-down. This makes MetEC the first company to operate an assembly line for the Polish manufacturer.

According to Robert Pietrzyk, trade specialist and coordinator of the Ethiopia project at Ursus headquarters at Lublin, tractors installed with 50, 80 and 110 horsepower which are in a complete knocked-down form will be supplied to MetEC starting from the end of September. These tractors will need as many as 60 assembly processes to put together and set them for use.

The other two types of tractors, 140 and 180 horsepower tractors, will be in a semi-knocked-down form having a relatively less assembling work. Pietrzyk noted, his company will provide the necessary equipments for the setting up of a proper assembly line in MetEC and train as well as support Ethiopian professional both abroad in the country.

“We have already delivered five tractors for presentation in January together with spare parts and equipment for assembly lines,” Pietrzyk added. He furthered the first batch to be delivered for MetEC have already been manufactured and they are currently being packed.

Another agreement for the supply of 1,500 tractors is expected to be concluded in the coming year. In addition to this, the tractors intended for Ethiopia and are currently in the production line are also slightly customized versions of their original models on account of the desired specifications and the price that the Ethiopian markets can pay, the coordinator noted.

The first batch of operators from MetEC are being expected to come to Poland for the purpose of completing their training hours required for making the assembly line work, the coordinator noted. He added, “We are not only selling our products to MetEC, we are in fact selling the technology and knowhow”.

Ursus is relying on this project to decide on its approach of entering the neighboring country markets. If the current steps up to the plate, Ursus wishes to penetrate the regional (Eastern Africa) market through MetEC by exporting to the countries in the region.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: RV Pundit on October 10, 2014, 08:18:27 PM
Right.Ethiopia is going to be east africa china.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: RVtitem on October 10, 2014, 08:23:40 PM
Right.Ethiopia is going to be east africa china.

All these happening without any kind of drama is a big miracle to a native kenyan negro. And also it seems that their military is actually part of these progresses.

http://www.bloomberg.com/news/2013-02-18/ethiopian-military-run-corporation-seeks-more-foreign-partners.html
"Metals & Engineering Corp., an Ethiopian military-run corporation, said it plans to partner with more foreign companies as it spearheads a government-drive to develop industries in Africa’s second-most populous nation. "
Title: Re: Ethiopian on track to be africa's chinaman
Post by: Georgesoros on October 10, 2014, 08:24:58 PM
great news...
as long as the pop shares the wealth.
Meanwhile NRB is busy flipping land.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: Omollo on October 10, 2014, 08:42:41 PM
Labor costs. I have never understood why Kenya has not concluded a free movement of labor with Ethiopia to help depress labor costs in Kenya. Kenyans are so expensive to hire. I and a colleague once hired a farm in TZ. It cost us a song to plough, weed and harvest compared to Kenya.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: Georgesoros on October 10, 2014, 09:24:47 PM
Kenya will become a consumer society. Even in the USA the Republicans are working hard to reduce labor costs by watering down the union movements.

Labor costs. I have never understood why Kenya has not concluded a free movement of labor with Ethiopia to help depress labor costs in Kenya. Kenyans are so expensive to hire. I and a colleague once hired a farm in TZ. It cost us a song to plough, weed and harvest compared to Kenya.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: RVtitem on October 10, 2014, 10:09:29 PM
While a kenyan is building an "advanced market" based on ghost stocks and soon to be derivatives, an ethiopian is building a commodities exchange market where physical goods are traded. Kenya and Ethiopia really have quite different priorities and ideologies. Cost of labour is just a symptom of the underlying structures, both countries have taken totally contrasting approaches to development. Lets wait and see which one will emerge superior.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: Georgesoros on October 11, 2014, 06:13:51 AM
govt is a reflection of society. Don't blame leaders for selfishness, its what Kenyans are. A Kenyan will step on your head to get a shilling, but  a Tanzanian will do something different. They will help.
Tanzania will soon overtake Kennya and Uganda because they do things that help all, and greed is not condoned. GREED is good in Kenya. It gets you what you want.
How come Kenya is the only place tribalism is rampant??
Title: Re: Ethiopian on track to be africa's chinaman
Post by: RV Pundit on October 11, 2014, 06:36:41 AM
Labour cost is one thing..productivity is another. Kenya' labourers are 3 times more productive than  TZ and i think UG and Ethiopia. In a way Kenya model is like US model...China and TZ are following China model...these are former communist state where economy is still restricted.

US labour cost have always been higher but their productivity has always been even higher. The same is true in kenya [esp private sector] compared to subsaharan neighbours.

Eth/TZ challenge is to ensure there workers are more productive..our challenge to keep other costs low.

Labor costs. I have never understood why Kenya has not concluded a free movement of labor with Ethiopia to help depress labor costs in Kenya. Kenyans are so expensive to hire. I and a colleague once hired a farm in TZ. It cost us a song to plough, weed and harvest compared to Kenya.
Title: Re: Ethiopian on track to be africa's chinaman
Post by: Omollo on October 11, 2014, 01:47:02 PM
Pundit

On closer examination, what exactly is being celebrated here? Kenya started assembling vehicles before vooke was born. The mistake was to stop there instead of demanding more technological transfer. The absence of a an iron and steel industry may have contributed. Now Ethiopia goes in to assembly 40 years later and it is news in Kenya? I disagree
Title: Re: Ethiopian on track to be africa's chinaman
Post by: RV Pundit on October 14, 2014, 07:47:57 AM
Ethiopia Grand Renaissance dam is 32 percent complete.
(http://static01.nyt.com/images/2014/10/12/world/ETHIOPIA/ETHIOPIA-master675.jpg)
http://www.nytimes.com/2014/10/12/world/dam-rising-in-ethiopia-stirs-hope-and-tension.html?action=click&contentCollection=Energy%20%26%20Environment%20&region=Footer&module=MoreInSection&pgtype=article
Title: Re: Ethiopian on track to be africa's chinaman
Post by: vooke on October 14, 2014, 10:16:13 AM
Omorlo,
I have hanged my combat gear. Don't tempt me to put it on negro

I have always been skeptical of Ethiopia progress. Something about all these 'great news' don't add up
Pundit

On closer examination, what exactly is being celebrated here? Kenya started assembling vehicles before vooke was born. The mistake was to stop there instead of demanding more technological transfer. The absence of a an iron and steel industry may have contributed. Now Ethiopia goes in to assembly 40 years later and it is news in Kenya? I disagree
Title: Re: Ethiopian on track to be africa's chinaman
Post by: RV Pundit on October 14, 2014, 10:56:57 AM
How about 10% plus growth consistently over the last 15yrs...that saw it overtake kenya's GDP  (before our rebasing).and yet Ethiopia is yet to open up many crucial sector of economy to private and foreign participation...think of financial sector alone...think of ICT sector alone. Think of 80M folks there. Twice kenya.

Ethiopia has china like fundamentals albeit on smaller scale.

Ethiopia is emerging from many decades as poster child of famine, starvation and poverty into a progressive nation.


I have always been skeptical of Ethiopia progress. Something about all these 'great news' don't add up

Title: Re: Ethiopian on track to be africa's chinaman
Post by: vooke on October 14, 2014, 12:33:24 PM
Negro wonders are rare to nonexistent and a healthy dose of skepticism is required
http://www.opride.com/oromsis/news/9-opinion/oromsis/3762-the-myth-of-ethiopia-s-crony-capitalism-and-economic-miracle

How about 10% plus growth consistently over the last 15yrs...that saw it overtake kenya's GDP  (before our rebasing).and yet Ethiopia is yet to open up many crucial sector of economy to private and foreign participation...think of financial sector alone...think of ICT sector alone. Think of 80M folks there. Twice kenya.

Ethiopia has china like fundamentals albeit on smaller scale.

Ethiopia is emerging from many decades as poster child of famine, starvation and poverty into a progressive nation.

Title: Re: Ethiopian on track to be africa's chinaman
Post by: RV Pundit on October 14, 2014, 01:10:30 PM
Skepticism for it's sake. It would seem you went scrapping the bottom of the barel to find it. Remind me when you 1yr ago audaciously claimed China will not overtake US..and it did in 2014..not even 2016. By 2016 China might overtake it by nominal GDP...

Ethiopia have the right fundamentals...huge population, cheap land on leasehold (easy to acquire), serious non-corrupt gov, lots of sectors of economy yet to open up for FDIS, huge infrastructure work going on (electric rail, huge hydro-electric power stations)...they've built new industries from scratch within a generation...horticulture (mostly kenya firms relocating there) and manufacturing are starting to kick a.rse. I wonder what will happen when their security paranoid gov allows capitalism in telcomes and financial sector...

Ethiopia is ready for take off...Kenya is on marginal returns...and unless we get minning and oil industry to spur exports....our one engine (consumption) will not get us anywhere.

Negro wonders are rare to nonexistent and a healthy dose of skepticism is required
http://www.opride.com/oromsis/news/9-opinion/oromsis/3762-the-myth-of-ethiopia-s-crony-capitalism-and-economic-miracle