Jigjiga Bypass Asphalt Road Construction Launches

Jun 12 , 2021


[ssba-buttons]

A local constructor started the construction of the Jigjiga-Bypass asphalt concrete road in the Somali Regional State. The launching ceremony of the construction of road, which will be seven kilometres long and 30m wide, took place on June 9, 2021, in the presence of the President of Somali Region State, Mustafa Mohammed Omar. Aiming to ease the road traffic in the city and contribute to the progress of the city, the government allocated a budget of 672 million Br and awarded the works to a local contractor, Yirgalem Construction, while consulting will be handled by another domestic company, ELDA Engineering. The contractor is expected to build pedestrian walkways, a bicycle lane, a greenery area, water pipes, and a 90m long bridge. The project is expected to be completed in 18 months.


Radar

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...


Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...


Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...