Top 5 Projects in Ethiopia
Ethiopia is the second-most populous country in Africa and will grow by more than 25 per cent over the next decade. At present, Ethiopia has more than $31 billion of active projects, of which more than $18 billion is under construction.
Ethiopia is Africa’s second-most populous country, with more than 117 million people. Growing at 25 per cent over the next decade, Ethiopia’s population will reach 148 million.
More than $31 billion projects in Ethiopia is active at this stage, of which more than $18 is currently under construction. ABiQ’s top 5 projects in Ethiopia are:
Once completed, the Grand Ethiopian Renaissance Dam will be the largest Hydropower plant in Africa. It will have an installed capacity of 6.4 Gigawatts. Ethiopian Electric Power is the developer. Webuild SpA is the lead contractor, and Alstom supplies the electrical components.
The fourth hydropower plant in the Gibbe river cascade with a planned capacity of 2.1 Gigawatts construction work will complete by yearend. Ethiopian Electric Power will be the power off-taker, and the main contractor is Webuild SpA
It is developed jointly by East African Holding and West China Cement over an area of 2.7 square kilometres at an estimated cost of $2.2 billion. Phase one of the project includes a ten thousand tonne per annum cement plant.
The total length, including maintenance lines and connecting lines, will be 447 kilometres. There will be ten stations, twelve tunnels and fifty-six bridges required along the length of the line.
The mix-use development will provide four thousand housing units along with retail, three hotels and commercial facilities. UAE based
Eagle Hills Properties is the leading developer of the project.
For more information on these projects or other major developments in Africa, reach out to us here.