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[Nov 2017] Rama Construction Plc Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Long Awaited Road in Bulbula Gets Guardian

The Addis Abeba City Road Authority (AACRA) awarded the road project of the long serving eight kilometre long road at Bole Bulbula after 14 years of repeated requests from residents of the area.

AACRA awarded two companies to construct the road with 750 million Br dividing it into two lots.

The agreement between the Authority and the companies’ representative signed last Tuesday between Habtamu Tegegn (Eng), director general of AACRA, Limenew Feleke, CEO of FAL Trading General Contractor, and Firew Tedla, managing

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Roads Authority Awards the Most Expensive Road Project

The Ethiopian Roads Authority (ERA) has signed an agreement with Rama Construction Plc for the construction of the so far most expensive road project at a cost of 69.2 million Br a kilometre.

The road, extending from Azezo-Gonder, covers 12.6 kilometres and will be constructed at a total cost of 871.6 million Br. The project takes the place of the Melka Jebdu – Dire Dawa road projects, which cost the Authority 63.5 million Br per kilometre. Nevertheless, the road is three times less expensive than the most expensive highway

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Heineken Inaugurates its Largest Ethiopian Plant

Heineken Brewery, the world-renowned brewery with a presence in 84 countries, operating over 165 breweries producing 254 brands, inaugurated its largest factory in Ethiopia with an investment of 110 million euros.

The factory, which rests on a 343sqm plot of land in the outskirts of Addis Abeba in a place called Kilinto, on the way to Debre Zeit, has a capacity of producing 1.5 million hectoliters a year. Heineken opened its first African plant in 1923 in the Congo; it now has a presence in more than a dozen African countries,

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