Ethiopia,Japan Sign 51 Mn USD Grant Agreements Featured

12 Aug 2017
414 times

Addis Ababa August 11/2017 Ethiopia and Japan have signed grant agreements amounting to 51 million US dollars today.

The amount granted will cover projects for the installation of geothermal wellhead in Aluto Langano and improvement of water supply in Bahir Dar City as well construction of secondary and preparatory schools in Tigray Regional state.

Finance and Economic Development State Minister, Admasu Nebebe, and Japan’s Ambassador to Ethiopia, Shninichi Saida, signed the agreements.

During the signing ceremony Ambassador Saida said the installation of geothermal wellhead in Aluto Langano in Southern Nations, Nationalities and Peoples State, would help to diversify power sources. 

The project would also enable to realize the power supply from a geothermal power plant through the introduction of wellhead system, he added. 

The project is expected to benefit 300,000 people.

According to Saida, the improvement of water supply project in Bahir Dar City would help improve the volume of the water supply through the development of deep wells, expansion of distribution networks and construction reservoirs.

The construction of 7 secondary and preparatory schools in Tigray is expected to improve access to secondary education in rural areas and mitigate overcrowded classrooms in existing schools in urban areas.

Ambassador Saida pledged that his government is determined to contribute to Ethiopia’s vision of becoming a middle income country.

Finance and Economic Development State Minister Admasu Nebebe said on his part Japan has been assisting Ethiopia’s development endeavors by providing financial and technical assistance.

These agreements signed today show that Japan’s continuous commitment to support the development efforts of the country.

The State Minister stressed that the nation will do its level best to utilize the resources as efficiently as possible for the intended purposes.

Diplomatic relations between Ethiopia and Japan began in the 1930s.

ENA Photo Display

Visit Us on Social Media

 

Exchang Rate in Birr

Currency Converter widget

Visitors Counter

0008926512
TodayToday3398
YesterdayYesterday27915
This_WeekThis_Week7486
All_DaysAll_Days8926512