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Half a Billion Birr Flood Management Project Onboards Contractors

Jun 30 , 2024


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Five local contractors have entered into a 515 million Br deal with the Ministry of Water & Energy for flood risk management projects in Oromia and Afar Regional States. Habib Hussein Construction, Wada Engineering & Alison Fromsa Construction, Habib Hussein Water Works Construction, Solomon Tadesse Water Works Construction and  Aklasia General Water Works Corporation signed the deal with State Minister for Water & Energy Adugna Bekele(PhD). The projects signed off at the Ministry's headquarters on Haile Gebre Silase St will be distributed across seven high-risk areas in the two regions. Adugna underscored the importance of developing flood risk management mechanisms in the future due to the accelerated risks posed by climate change. His comments stem from heavy rainfall across East Africa in the past few months, which disrupted the lives of 70,000 people in Ethiopia. According to the latest report by the United Nations Office for the Coordination of Humanitarian Affairs, severe climate events (drought and flooding), conflicts, and disease outbreaks continued to cause displacement and push millions of people into acute food insecurity, high levels of malnutrition, and public health emergencies.


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Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

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