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[Apr 2017] Gibe 3 Hydroelectric dam Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Gibe III was officially inaugurated

Prime Minister Hailemariam Desalegn has officially launched Gibe III hydropower project of the Ethiopian Electric Power.

“Attaining development plans without electricity will be difficult for the country,” the Prime Minister told stakeholders at the launch.

It was built by Salini Impregilo, an Italian company that was also behind the construction of the Grand Renaissance Dam. The construction took nine years to complete and consumed over 35 Billion Birr.

Over 60pc of the project is financed by China Exim

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