360° Coverage : Indian firm wins contract to help build highway in Ethiopia

Indian firm wins contract to help build highway in Ethiopia

Addis Ababa, Sep 15 (IANS) An India-based consulting company has won a $1.46 million contract for consultation and supervision of the construction of the 133 km Kombolcha-Mille highway project in Ethiopia.

Sep 15 2013, 4:46am CDT | by IANS

Indian firm wins contract to help build highway in Ethiopia
Photo Credit: , Getty Images

Addis Ababa, Sep 15 — An India-based consulting company has won a $1.46 million contract for consultation and supervision of the construction of the 133 km Kombolcha-Mille highway project in Ethiopia.

The company, Intercontinental Consultants and Technocrats Pvt. Ltd. (ICT) is working in a joint venture with the Ethiopia-based Civil Works Consulting Engineers. It has been in Ethiopia for 17 years and has undertaken more than 25 road projects with the Ethiopian Roads Authority (ERA).

"We have worked with ERA on various projects like this and we never failed them, I guess that is why we are going to undertake this project as well," Saurabh Sharma, country manager of the company, told IANS.

"The fact that the people we are working with are polite and ready to learn keep us going back to work with them," he said adding, "Indian companies are known for delivering projects on time".

ICT India won the bid against five companies.

"ICT India offered a lower price and, at the same time, surpassed other competitors in the technical evaluation," an ERA official told IANS on condition of anonymity.

At this point, the road exists in the form of a gravel road. "It will thus be upgraded to asphalt, which will smoothly and efficiently accommodate traffic flow and enhance the region's economic activities," said the official.

"The project that connects the Amhara Regional State with the Afar Regional State will be funded with a loan acquired from the World Bank (WB)," he said.

The road is expected to be used as an import-export route as it would reduce the travel time to the Port of Djibouti.

Sharma said his company is planning to participate more in international projects to increase its business.

(Hadra Ahmed can be contacted at hadraahmed@gmail.com)

IANS

Source: IANS

 
 
 

blog comments powered by Disqus

Latest stories

NASDAQ is Back at 2000 Dot-Com Bubble Level
NASDAQ is Back at 2000 Dot-Com Bubble Level
The Dot-Com force is back at the NASDAQ. It took Silicon Valley 15 years to bring back the NASDAQ to the Dot-Com Bubble Levels. With startup valuations in the billions becoming the norm, Wall Street is following up with driving up the value of public traded tech companies.
 
 
Bill Gates Tops Forbes Billionaires List Again
Bill Gates Tops Forbes Billionaires List Again
Microsoft co-founder Bill Gates is back on top of the Forbes Billionaires list.
 
 
$75,000 Apple Watch revealed
$75,000 Apple Watch revealed
When Apple's designs are not exclusive enough then there are 3rd parties who add gold and diamonds to the iGadget to make them precious. Brikk announced the Lux Watch, a diamond studded version of the Apple Watch.
 
 
Sony will not Sell Off TV And Mobile Spinoffs
Sony will not Sell Off TV And Mobile Spinoffs
Sony President Kazuo Hirai clarified on Wednesday that the company will not immediately sell off the spun out TV and mobile phone business.