Ethiopian Roads Authority last week signed agreement with two Chinese construction companies to upgrade the Kombolcha-Bati road to asphalt concrete level. The 133 KM road project is estimated to cost the Authority close to 2.8 billion Ethiopian birr.
Construction of the road, which is scheduled to be completed in three years time will be fully financed with a fund secured from the World Bank.An estimated 65 percent of the construction work on the Gibe III hydroelectric power plant has been completed according to Azeb Asnake, Project Manager.
The project is progressing as per schedule with the construction of the tunnel, two dams and a bridge across the Omo River already undertaken said Azeb.
The 32 billion birr project is one of the biggest hydroelectric projects in the world with the expected capacity to generate 1,870 Mega Watts of power she said. The project is intended to help develop a national green economy added Azeb.
The city administration of Addis Ababa, Ethiopia assigned 7300 condominium houses to lucky beneficiaries through random lot this weekend.
The houses to be transferred to owners are located in Addis Ketema, Lideta, Bole, Kirkos, Nifassilk Lafto, Yeka, Akaki-Kality and Kolfe Keranyo sub-cities.
The government has invested more than 15.4 billion birr in the construction of housing since it first launched the condominium housing program in 2005 according to Engineer Haile-Meskel Tefera, State Minister for Urban Development, speaking on the occasion.
The 9th International Construction Exhibition was launched in Addis Ababa under the theme of ‘Construction: Password to Renaissance.’
More than 110 participants are taking part in the exhibition out of which number eleven are international participants.
The contribution of the construction sector to the economy has been growing due to the proper attention given by the government said Hailemeskel Tefera, Minister for Urban Development and Construction.
The sector has grown by 25% in the last years as compared to growth in the year previous to that he said.
The Addis Abeba Water & Sewerage Authority is to commence the expansion project of the Kalti Sewerage Treatment Plant, with US$100 million. The expansion project is jointly financed by the World Bank and the Ethiopian.
The expansion project will increase the treatment plant's capacity to 100,000 metre cube a day from the current 7,500.