Ethiopia Mulls Fertilizer Plant Tender as Army Deal Reviewed

  • Project awarded six years ago is less than 50% complete
  • OCP of Morocco may be considered as a potential partner

By Nizar Manek, 30 April 2018
(Bloomberg) --
Ethiopia’s government may cancel a contract for a fertilizer plant awarded to its military
industrial conglomerate and offer it to international tender, the Public Enterprises Ministry said.
The possible revision of the contract is the latest sign that Ethiopia’s new prime minister is fulfilling a pledge to purge “favoritism” toward the security forces. The state awarded the Yayu project in Ethiopia’s restive Oromia region to state-owned Metals & Engineering Corp six years ago, but since then less than half the work on the complex has been completed, ministry spokesman Wondefrash Assefa said.
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