With the goal of becoming the top construction firm in Africa, the Ethiopian Construction Works Corporation (ECWC) is launching an expansion strategy to develop its presence in Kenya and South Sudan. It also intends to establish branches in additional African nations, such as Egypt, Rwanda, Equatorial Guinea, and others.

The company is already working on a USD 60 million project in Djibouti with the assistance of a regional building firm while constructing roads that connect Ethiopia with its neighbors. According to the CEO of ECWC, Yonas Ayalew, the company is completing the legal requirements for its offices in South Sudan and Kenya.

ECWC is looking to cooperate with Asian and European businesses that have a presence in Africa in order to further expand its position in the continent's construction market. To discuss potential partnerships, the Ministry of Foreign Affairs organized conversations between the ECWC and ambassadors from several nations.

Ayalew disclosed ECWC's intentions to launch the continent of Africa's first construction training facility. He emphasized that indigenous contractors presently complete more than 90% of Ethiopia's construction projects. The 21 stories building in Addis Ababa's Mexico district is one example of a construction project that ECWC has taken over from international builders.

Source: The Ethiopian Herald