Due to the delays in completion of the projects, Ethiopian government canceled Metals and Engineering Corporation’s (METEC) contracts for the work of the Grand Renaissance Dam (GERD), a $4 billion dam project on the River Nile.
METEC, an Ethiopian military-run corporation, was responsible for the supply and installation of the hydraulic and electromechanical components of the hydroelectric project which has been under construction since 2011.
According to media reports government of Ethiopia has ousted, the state-run METEC from 6450MW Grand Ethiopian Renaissance Dam project.
Salini Impregilo, an Italian industrial group, specialized in the construction and civil engineering business remains the primary contractor on the scheme, responsible for the civil works.
The government had canceled the contract of METEC, which is run by Ethiopia’s military, and would award it to another company, said Abiy Ahmed (PHD) last weekend during his first media interaction since taking office.
Founded in 1970, METEC It is the largest industrial complex in Ethiopia and responsible for the production of military equipment and civilian products was engaged in various mega projects ranging from sugar factories to fertilizer plants.
The company was assigned development of the Omo Kuraz I sugar factory, as well as well as the Jinka Sugar Bag factory.
During his meeting officials of Amhara National Democratic Movement, in Bahir Dar, the capital of Amhara regional state, Prime minister Abiy Ahmed (PhD) said that the construction of sugar projects would be completed in six months time, according to Amhara Mass Media Agency.
GERD is the Ethiopian Flag Project, which created wide public mobilization and contribution to erect Africas biggest Hydroelectric dam incompletion.
It was an unfortunate day for many Ethiopians, when Simegenw Bekele (eng.), the chief engineer of the project found dead in Meskel Square, Addis Ababa, a month ago.
Police announced that it is under investigation to find out what is behind his death.