2merkato

United Insurance, Ethiopia has awarded Magercon Construction the contract to for the first phase of construction on the 42 million birr mall in Addis Ababa.

The insurance company has been negotiating over the 20,000m2 plot of land for the building requiring a revised site plan after claiming to have lost an estimated 200m2 due to road constructions.

United was awarded its revised plant by the City Administration with the understanding that it should commence construction in six months.  

The Metal Engineering Corporation has issued an invitation to all Grade one licensed contractors in Ethiopia to participate in its projects according to sources.

Seven companies of a total of 44, who presented their company profiles in response to the invitation, were selected.

The seven companies include Sunshine Construction plc, Tekleberhan Ambaye Construction plc and Sur Construction plc. The companies will form a consortium to consult the Corporation on its construction processes.

MIDROC Ethiopia signed 600 million US dollar turnkey project Italian steel mill contractors Daniele SpA, for the construction of its plant in the Amhara regional State

Toussa Steel mill is expected to be the largest steel mill in Ethiopia with an estimated annual production capacity of 1.3 million tons.

Toussa was licensed with the Ethiopian Investment Agency in July of last year and plans on producing reinforcement bars, billets and hollow sections amongst other steel products. The factory will go on to produce steel railway tracks in its second phase.

The Ethiopian Shipping and Logistics Enterprise is undertaking an expansion project on Mojo Dry Port at an estimated cost of 718 million Birr. The project, already launched was officially announced this week in Addis Ababa.

The expansion project includes plans to construct an international standard containers’ terminal on 8.6 hectares of land according to Getaneh Abate,  Modjo Branch Director.    The project is designed to have three phases that will help to upgrade the dry port service to a higher level he added.

Currently six projects of the first phase are well in progress, all of which are to be constructed by the Federal Water Works Construction Enterprise according to Getaneh.

The Ethiopian Ministry of Industry signed with 13 local contractors for construction projects at Bole Lemi Industrial Park. The agreements signed are part of the 1.2 billion birr civil works project at the park.

The projects which include the construction of five industrial sheds, four office blocks are intended to be completed within three months from the day the agreement was signed.

The contractors were selected by the MoI on the basis of their performance on other government projects and not through the usual bidding process because of the need to finalize the project within a short period of time said Tadesse Haile, Minister of State for Industry.