Ethiopia helps import 2000 trucks from China

  1. Posted on Friday 11 January 2008 - 10:40
    AfricaNews editor
    Tesfa-alem Tekle, AfricaNews reporter in Mekelle, Ethiopia
    The Ministry of Works and Urban Development on Ethiopia is facilitating truck procurement for better performing contractors and transporters who are involved in the government's housing projects. The facility concerns 2000 trucks to be imported from China.
    truck
    Arkebe Equbai, State Minister of Works and Urban Development, told a press conference on Thursday that the would-be beneficiaries will have to pay upfront thirty percent of the purchasing price of the trucks and will have access to secure loans from the Commercial Bank of Ethiopia (CBE) to cover the balance. The acquisition of the trucks has already been finalized, according to Arkebe.

    The trucks are supplied by one of the biggest Chinese car manufacturers called SINOTRUK, Arkebe said. Half of the 2000 heavy-duty cars have a loading capacity of 16 cubic meter while the rest have a 40-ton capacity with trailers. The ministry is finalizing short-listing the would-be contractors and transporters who will be entitled to secure bank loans and purchase the trucks. The dump trucks will be sold to contractors while the others are allotted for transporters.

    CGC Overseas Construction Eth. Ltd. yesterday signed an agreement with the government to import the trucks from China.  In addition to the importation of the trucks, the ministry will facilitate the procurement of 200 crushers and loaders for the housing development program.

     The state minister said that the price of selected materials and other major inputs such as sand and gravel has witnessed unprecedented hike, while the supply was declining due to rising demand. Asked if the price hike in construction materials would increase the price of newly built condos, the state minister indicated that the increase could occur because “the government will not subsidize housing projects.”
     
    The ministry has also implemented other various initiatives including loan facilities to existing and new civil contractors and consultants and ease of requirement to secure licenses in order to enhance the housing development program. New and existing contractors and consultants who are involved in the housing projects will have access to secure up to 250,000 loans from CBE, according to the state minister.

     During the last couple of years, the government has launched the construction of condominiums in 36 cities across the country including Addis Ababa, a part of which is being finalized. The government will extend the housing projects to 19 more cities, according to the state minister.

    The ministry’s five-year plan ending 2010 envisages the construction of 400,000 condos in different cities across the country, which is projected to consume 20 billion birr.


    Keywords:  ethiopia development business investment
Pages:
1, 2, Last -

Reactions

  1. Posted on Monday 19 December 2011 12:39
    malan
    Image of malan

    Tatenda Malan
    22 berichten
    Lid sinds February 2009

    But why is the date on the story saying ''posted 2008"?
  2. Posted on Monday 29 October 2012 06:36
    kilikiman
    Image of kilikiman


    1 berichten
    Lid sinds October 2012

    It is good to know that Ethiopia was very serious towards their economic progress. Importing 2000 trucks from China was a very useful step because it will definitely help different industries in Ethiopia especially when it comes to agriculture and road projects. For me, they should be more aware in the trucks maintenance and parts because this will really affects its performance. There are several auto parts shop in Africa especially at Ethiopia and you can find better truck parts and accessories there.
  3. Posted on Wednesday 31 October 2012 17:10
    randyjames
    Image of randyjames


    260 berichten
    Lid sinds October 2012

    This site is my inhalation, real great style and design and Perfect articles. vimax reviews I really like your writing style, fantastic information, appreciate it for putting up :D.
  4. Posted on Friday 02 November 2012 08:00
    YuetteHollobaugh57
    Image of YuetteHollobaugh57


    156 berichten
    Lid sinds November 2012

    fantastic points altogether, you simply gained a logo|emblem|branda new reader. What might you recommend about your submit that you simply made some days in the past? Any certain? male enhancement This site is my intake, rattling great style and design and Perfect content material.
  5. Posted on Thursday 08 November 2012 03:34
    YuetteHollobaugh57
    Image of YuetteHollobaugh57


    156 berichten
    Lid sinds November 2012

    Outstanding post, I believe blog owners should larn a lot from this site its real user genial. So much excellent information on here :D. vigrx plus Thanks for every other magnificent post. The place else could anybody get that type of info in such an ideal approach of writing? I've a presentation subsequent week, and I'm on the search for such info.
  6. Posted on Friday 09 November 2012 01:59
    RessieSouter75
    Image of RessieSouter75


    155 berichten
    Lid sinds November 2012

    I get pleasure from, cause I discovered just what I was looking for. You've ended my four day lengthy hunt! God Bless you man. Have a great day. Bye vimax Thank you for sharing with us, I conceive this website genuinely stands out :D.
  7. Posted on Wednesday 05 December 2012 04:40
    CarmelinaMckellar49
    Image of CarmelinaMckellar49


    147 berichten
    Lid sinds November 2012

    Merely wanna tell that this is invaluable, Thanks for taking your time to write this. male enhancement I was looking at some of your blog posts on this site and I believe this internet site is rattling instructive! Continue putting up.
  8. Posted on Friday 14 December 2012 04:13
    YuetteHollobaugh57
    Image of YuetteHollobaugh57


    156 berichten
    Lid sinds November 2012

    Thanks a ton for being my personal instructor on this matter. My partner and i enjoyed your current article a lot and most of all enjoyed reading how you handled the areas I regarded as controversial. You happen to be always extremely kind towards readers much like me and let me in my existence. Thank you. vigrx Hello there, I discovered your website by the use of Google even as looking for a related matter, your website came up, it seems to be great. I've bookmarked it in my google bookmarks.
  9. Posted on Monday 17 December 2012 11:45
    tonysatrio
    Image of tonysatrio


    217 berichten
    Lid sinds December 2012

    would increase the price of newly built condos, the state minister indicated that the increase could occur because “the government will not subsidize housing projects.”

    Vimax Singapore
    Vimax France
  10. Posted on Thursday 17 January 2013 03:24
    GarrettHughen51
    Image of GarrettHughen51


    134 berichten
    Lid sinds November 2012

    Outstanding info it is actually. We've been seeking for this content. ed treatment We wish to thank you yet again for the gorgeous ideas you offered Jeremy when preparing her own post-graduate research and also, most importantly, regarding providing the many ideas in a blog post. Provided that we had been aware of your blog a year ago, we may have been kept from the pointless measures we were implementing. Thanks to you.
  11. Posted on Monday 04 February 2013 04:56
    ChristopherEzell23
    Image of ChristopherEzell23


    131 berichten
    Lid sinds November 2012

    Excellent weblog right here! Additionally your site lots up very fast! What web host are you the usage of? Can I get your affiliate hyperlink in your host? I wish my site loaded up as quickly as yours lol. natural male breast enhancement Rattling nice style and great content material, very little else we require :D.
  12. Posted on Thursday 07 February 2013 08:49
    AnishaMichelet89
    Image of AnishaMichelet89


    90 berichten
    Lid sinds February 2013

    Yay google is my queen assisted me to find this outstanding site! vigrx plus bonus I do believe all of the ideas you've introduced to your post. They're really convincing and can certainly work. Nonetheless, the posts are very short for beginners. May you please prolong them a little from subsequent time? Thanks for the post.
  13. Posted on Saturday 16 February 2013 16:26
    allesiamilano21
    Image of allesiamilano21


    28 berichten
    Lid sinds February 2013

    Nice informative article. thanks for sharing and keep sharing such kind of articles, as these articles really helpful for experienced and new comers..


    Vimax Singapore
    Vimax Canada
    Vimax Australia
  14. Posted on Tuesday 26 February 2013 07:09
    CherlynLosser33
    Image of CherlynLosser33


    95 berichten
    Lid sinds February 2013

    Some genuinely fantastic information, Gladiola I detected this. vigrx plus I consider something genuinely interesting about your site so I saved to favorites.
  15. Posted on Thursday 28 February 2013 06:40
    WillisGietzen44
    Image of WillisGietzen44


    85 berichten
    Lid sinds February 2013

    Very interesting information!Perfect just what I was searching for! vigrx plus pills I view something genuinely special in this web site.
  16. Posted on Thursday 07 March 2013 15:31
    CherlynLosser33
    Image of CherlynLosser33


    95 berichten
    Lid sinds February 2013

    Heya i am for the first time here. I found this board and I find It really helpful & it helped me out much. I hope to offer one thing again and aid others such as you aided me. vigrx plus reviews Its such as you learn my thoughts! You appear to grasp a lot about this, such as you wrote the e-book in it or something. I feel that you just can do with a few percent to pressure the message home a little bit, but instead of that, that is magnificent blog. A fantastic read. I will certainly be back.
  17. Posted on Saturday 30 March 2013 12:19
    DorseyReinecke94
    Image of DorseyReinecke94


    97 berichten
    Lid sinds February 2013

    I'm really impressed along with your writing skills as smartly|well|neatly as with the structure on your weblog. Is that this a paid subject matter or did you modify it your self? Anyway keep up the excellent high quality writing, it is uncommon to look a great weblog like this one today. vimax pills You actually make it appear really easy together with your presentation but I find this matter to be actually one thing that I believe I'd by no means understand. It seems too complex and extremely extensive for me. I'm having a look ahead to your subsequent submit, I'll attempt to get the cling of it!
  18. Posted on Sunday 31 March 2013 12:57
    DelilaSzalankiewicz21
    Image of DelilaSzalankiewicz21


    106 berichten
    Lid sinds February 2013

    I've been browsing on-line greater than 3 hours lately, but I by no means discovered any attention-grabbing article like yours. It is beautiful value sufficient for me. In my view, if all website owners and bloggers made excellent content material as you probably did, the net might be a lot more helpful than ever before. vimax reviews Its such as you learn my thoughts! You appear to grasp a lot about this, such as you wrote the ebook in it or something. I feel that you just can do with a few p.c. to pressure the message home a little bit, but instead of that, that is magnificent blog. An excellent read. I will certainly be back.
  19. Posted on Friday 05 April 2013 11:58
    DelilaSzalankiewicz21
    Image of DelilaSzalankiewicz21


    106 berichten
    Lid sinds February 2013

    What's Going down i am new to this, I stumbled upon this I've discovered It absolutely useful and it has aided me out loads. I'm hoping to contribute & aid different customers like its aided me. Great job. vigrx plus Absolutely indited articles, Really enjoyed examining.
  20. Posted on Monday 13 May 2013 06:03
    DorseyReinecke94
    Image of DorseyReinecke94


    97 berichten
    Lid sinds February 2013

    Thanks for the sensible critique. Me & my neighbor were just preparing to do a little research on this. We got a grab a book from our area library but I think I learned more clear from this post. I'm very glad to see such wonderful info being shared freely out there. vigrx plus Thanks a lot for sharing this with all of us you actually recognise what you're speaking about! Bookmarked. Kindly additionally seek advice from my web site =). We may have a hyperlink change arrangement between us!
  21. Posted on Thursday 23 May 2013 15:34
    OmarAllain100
    Image of OmarAllain100


    98 berichten
    Lid sinds February 2013

    Thank you so much regarding giving us an update on this matter on your website. Please understand that if a brand-new post appears or when any modifications occur to the current publication, I would be considering reading a lot more and focusing on how to make good usage of those tactics you discuss. Thanks for your efforts and consideration of other people by making this site available. top male enhancement products Some genuinely interesting details you have written.Assisted me a lot, just what I was searching for :D.
  22. Posted on Friday 24 May 2013 15:39
    KelleySieger62
    Image of KelleySieger62


    99 berichten
    Lid sinds February 2013

    Hiya, I'm really glad I've found this info. Today bloggers publish just about gossips and web and this is actually irritating. A good site with exciting content, that is|that's what I need. Thank you for keeping this web site, I'll be visiting it. Do you do newsletters? Can't find it. male enhancement I'd constantly want to be update on new articles on this site, saved to favorites!