Ethiopia Construction related News

Ethiopian government, two British firms offered to provide financing for building and operating the USD 860 million Genale Dawa VI (GD-6) hydro-electric plant but the Ethiopian Electric Powe... Read more

The construction industry is booming in Ethiopia. Years ago, the country had been importing cement at huge costs for its developmental projects. In 2010/11 the country imported 0.3 million t... Read more

The Arerti Industrial Park, currently under construction and part of Ethiopian government's drive to build special economic zones where domestic and foreign companies can use local labor to... Read more

Ethiopian Airlines is building a four star hotel at its main hub in Addis Ababa at a total cost of 65 million dollars. The four star hotel is being built near the headquarters of the nationa... Read more

Securing a credit worth some USD 300 million from the World Bank (WB), a new transport improvement project dubbed “Ethiopian Transport System Improvement Project (TRANSIP)” has been official... Read more

The road sector continues to enjoy the largest share of the budget from the Addis Ababa City Administration. For almost five years now, the sector has been allotted a large amount of money,... Read more

Ethiopian Parliament, during its extraordinary session last week, approved a 127-million-dollar loan agreement with the Korea EXIM bank for the Gore-Tepi road connectivity improvement projec... Read more

The newly approved bill on geothermal resources exempts royalty payments for companies engaged in thermal resource development and exploration in the country. Last week, Parliament, which wa... Read more

Ethiopian Ministry of Mines, Petroleum and Natural Gas said talks are underway with Chinese firm POLY-GCL Petroleum Group to begin the construction of Ethio-Djibouti natural gas pipeline.Eth... Read more

Project costs Ethiopia USD 110 million Securing finances for the project from the African Development Bank (AfDB), the Ethiopia-Kenya Power Interconnection project is set to commence from th... Read more

EATON International industry, which is a Global Power Management Company, launches its program in Ethiopia. This is meant to support Ethiopian Growth and transformation plan through the prov... Read more

The Ethiopian Roads Authority (ERA) spent over 53.7 billion Br, nearly a quarter of the country’s total budget on various projects during the last fiscal year. The authority was originally a... Read more

The Industrial Parks Development Corporation (IPDC) of Ethiopia and China Civil Engineering Construction Corporation (CCECC) have yesterday concluded an agreement that enables the latter to... Read more