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[Dec 2017] Nyala Insurance Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Chinese Contractors Dominate Nyala’s HQ Construction Bid

The bid floated for the construction of Nyala Insurance Company’s headquarters was overwhelmed with Chinese companies.

Initially, 17 companies purchased the bid document, but only nine responded to the announcement. Seven of them are Chinese-owned companies, and the remaining two are local construction companies that submitted their technical offers to the Company during the opening of the tender held last Monday, at the head office of the Firm, located along Mickey Leland Street.

The multi-purpose building covers

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