Tag: Construction

One of the subsidiary companies of the Endowment Fund for the Rehabilitation of Tigray (EFFORT), Messebo Cement PLC, on Thursday signed a major investment agreement with a Singaporean conglomerate, KUSTO Group, and Fairfax Africa Fund, a US company, to establish a consortium company called MKF Building Materials Production PLC that will be engaged in the production of construction materials in Ethiopia with an investment cost of USD 70 million USD.

The Addis Ababa City Roads Authority (AACRA) on Wednesday awarded projects worth 1.2 billion birr to three local construction firms to build a total of 16.3km roads.

Sum was original estimate for three of them As part of the bid process to have three general hospitals put up in Addis Ababa, two construction companies have given a minimum offer of 3.68 billion birr for the construction of two general hospitals while no one has so far entered a bid to build a third one. The Public Procurement and Property Disposal Service is handling the bid process on behalf of the city administration.

Headquartered in Switzerland, Sika AG, Construction chemical maker which joined the Ethiopian manufacturing sector two years ago is set to inaugurate its manufacturing plant here today.

Twelve construction giants are competing to win a 3.6-billion birr tender for the construction of three general hospitals in Addis Ababa.