Ethiopia: BTPPE Expedites Transferring Properties

The Board of Trustee for Privatized Public Enterprises(BTPPE) announced that it had taken over the administration of movable properties of the 264 privatized public enterprises and ensured social security for over 1,470 workers during the last six months.

The BTPPE Communication Department Head Gizaw Nigussie recently told The Ethiopian Herald that based on the proclamation number 208/1992 , the BTPPE is entitled to represent government and follow up the process while public enterprises transferred to private entities,reinstated to the former owners or reorganized in the form of private limited association.

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