Ethiopia Awards Power Line Contract to Bosnian Company
Energoinvest, the largest Bosnian engineering group said today that it had won a contract to build a 230 kV power transmission line in Ethiopia at a cost of 45 million dollars.
According to Energoinvest, the contract was awarded by the Ethiopian Electric Power Corporation (EEPC). The contract will be officially signed between EEPC and Energoinvest in two wekks time. The company said that the project was scheduled to be completed within two years.
Ethiopia has awarded a new telecom license to a consortium of providers comprised of Safaricom (Kenya), Vodafone Group (UK), Vodacom Group (South Africa), CDC Group (UK), and Sumitomo Corporation (Japan). The consortium is dubbed Global Partnership for Ethiopia. This brings an end to a decades-long state monopoly of the telecommunications market.
