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    • Construction Industry Ethiopia

    The Construction Industry in Ethiopia 2022

    Charles Chinya | Ethiopia | 29 September 2022

    The Construction Industry in Ethiopia 2018

    Carole Veitch | Ethiopia | 30 January 2018

    The Construction Industry in Ethiopia 2015

    Martin Rothschild | Ethiopia | 18 September 2015

    The Construction Industry in Ethiopia 2015

    Martin Rothschild | Ethiopia | 24 March 2015

    The Construction Industry in Ethiopia 2014

    Martin Rothschild | Ethiopia | 09 September 2014

    Report Info

    Report Summary Table of Contents
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    Report Coverage

    This report focuses on Ethiopia’s construction industry and infrastructure development and includes transport infrastructure, road construction, energy projects, real estate and industrial parks. It includes country information, major projects and developments. There are profiles of 23 companies including international players such as China Civil Engineering Construction Corporation and China Railway and local companies such as Midroc, Afro-Tsion, Sunshine and Sur Construction.

    The Construction Industry in Ethiopia

    Ethiopia’s construction industry and infrastructure development includes transport infrastructure, road construction, railway and energy projects, real estate and industrial parks. Small and medium construction companies operate in the informal market and local and foreign companies operate in the formal market. The involvement of foreign companies is dominated by Chinese companies which are undertaking large projects. The construction market in Ethiopia is projected to grow at an annual average growth rate of more than 8% to 2026. The country’s 10-year development plan includes infrastructure development and the objective of public-private partnerships.

    Growth Drivers

    Growth in construction is driven by the development plan which prioritises infrastructure development including roads, railway, irrigation systems, housing and industrial parks. There is relatively high foreign direct investment, particularly from China, India and Turkey, and the government is privatising some state assets and looking at public-private partnerships. Population growth and urbanisation have created a need for improved infrastructure systems, housing and retail and commercial facilities.

    Security Threats

    The ongoing war in the Tigray region has affected construction projects in the area and resulted in the destruction of infrastructure and thousands of people being displaced. Another prolonged conflict between government forces and rebel groups in different parts of Oromia has been going on since 2018. Turkish construction company Yapi Merkezi has been building railway tracks in the Tigray region for about 10 years, including a line linking various inland ports with Djibouti. The project has been halted indefinitely due to security concerns.

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    The Construction Industry in Ethiopia 2022

    Full Report

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    Industry Overview

    R 6 650.00(ZAR) estimated $ 351.00 (USD)*

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    Historical Reports

    The Construction Industry in Ethiopia 2018-01-30

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    The Construction Industry in Ethiopia 2015-09-18

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    The Construction Industry in Ethiopia 2015-03-24

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    The Construction Industry in Ethiopia 2014-09-09

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    Table of Contents

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    PAGE
    1. INTRODUCTION 1
    2. COUNTRY INFORMATION 1
    3. DESCRIPTION OF THE INDUSTRY 4
    3.1. Industry Value Chain 6
    3.2. Geographic Position 8
    3.3. Size of the Industry 9
    3.4. Key Success Factors and Pain Points 11
    4. LOCAL 12
    4.1. State of the Industry 12
    4.2. Key Trends 17
    4.3. Trade 18
    4.4. Corporate Actions 21
    4.5. Regulations 21
    4.6. Enterprise Development and Social Economic Development 23
    5. AFRICA 23
    6. INTERNATIONAL 27
    7. INFLUENCING FACTORS 32
    7.1. Security Threats 32
    7.2. Foreign Direct Investment (FDI) 33
    7.3. Urbanisation 34
    7.4. COVID-19 34
    7.5. Economic Environment 34
    7.6. Public Private Partnerships (PPPs) 35
    7.7. Corruption 35
    7.8. Health and Safety 36
    7.9. Labour 36
    7.10. Environmental Issues 37
    7.11. Technology, Research and Development (R&D) and Innovation 38
    7.12. Government Support 39
    7.13. Input Costs 39
    8. COMPETITIVE ENVIRONMENT 40
    8.1. Competition 40
    8.2. Barriers to Entry 40
    9. SWOT ANALYSIS 41
    10. OUTLOOK 42
    11. INDUSTRY ASSOCIATIONS 42
    12. REFERENCES 43
    12.1. Publications 43
    12.2. Websites 44
    COMPANY PROFILES 49
    Afro-Tsion Construction PLC 49
    Alemayehu Ketema General Contractor 51
    ASER Construction PLC 53
    BamaCon Engineering PLC 55
    BEAEKA General Business PLC 57
    China Civil Engineering Construction Corporation 59
    China Railway Group Ltd 61
    DMC Construction PLC 67
    Dugda Construction PLC 68
    Elmi Olindo & Co PLC 70
    Flintstone Engineering 72
    Gutema Firisa Construction PLC 74
    MIDROC Construction Ethiopia PLC 76
    Nasew Construction PLC 78
    OVID Construction PLC 80
    Rama Construction PLC 82
    SABA Engineering PLC 84
    Sunshine Construction Pvt Ltd 85
    Sur Construction PLC 87
    Tesfaye Legesse Construction 89
    Waliif Construction S.C 90
    Yirgalem Construction PLC 92
    YOTEK Construction PLC 94

    Report Coverage

    The Construction Industry in Ethiopia report focuses on conditions in the local sector and details current construction projects including the Grand Ethiopian Renaissance Dam, the largest project under construction in East Africa, with a value of approximately US$4.1bn. Key drivers of growth, current trends in the domestic sector and factors influencing the success of the industry are covered in this detailed report. Profiles for 19 companies are provided including state-owned company, Ethiopian Construction Works Corporation, which employs 15,000 people in Ethiopia and Rwanda. Also profiled are Chinese giants, China Civil Engineering Construction Corporation (CCECC) and China State Construction Engineering Corporation (CSCEC).

    The Construction Industry in Ethiopia

    This report examines the construction industry and infrastructure development in Africa’s second most populous country, the Federal Democratic Republic of Ethiopia. The Ethiopian construction industry is characterised by a large number of micro-entrepreneurs, the majority of whom operate in the country’s informal economy. Ethiopia’s formal construction sector comprises indigenous and indigenised firms, as well as numerous major foreign civil engineering and construction companies. Although all contractors are required to be registered with the Ethiopian Ministry of Urban Development and Construction, corruption as well as health and safety issues remain a matter of concern.

    Investment into Infrastructure

    During the past decade robust public and private expenditure on infrastructure and other construction works has served as a catalyst for Ethiopia’s rapid economic development. The country has consistently invested more than 30% of GDP into Gross Fixed Capital Formation (GFCF) expenditure since 2010 and as a result, Ethiopia has emerged as one of the fastest-growing economies in the world. The market value of the construction sector is currently estimated at more than US$7bn. According to the 2017 edition of African Economic Outlook, construction activities in Ethiopia accounted for 15.9% of GDP at current prices during the 2015/16 fiscal year.

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    The Construction Industry in Ethiopia 2018

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

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    Historical Reports

    The Construction Industry in Ethiopia 2022-09-29

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2015-09-18

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2015-03-24

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2014-09-09

    R 1 900.00(ZAR) estimated $100.29 (USD)*

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    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. COUNTRY INFORMATION 1
    2.1. Geographic Position 2
    3. DESCRIPTION OF THE INDUSTRY 5
    3.1. Industry Value Chain 6
    4. SIZE OF THE INDUSTRY 8
    5. STATE OF THE INDUSTRY 12
    5.1. Local 12
    5.1.1. Corporate Actions 21
    5.1.2. Regulations and Government Policies 21
    5.2. Continental 24
    5.3. International 27
    6. INFLUENCING FACTORS 30
    6.1. Economic Environment 30
    6.2. Investment in Infrastructure 30
    6.3. Urbanisation 32
    6.4. Local Content 33
    6.5. Corruption 33
    6.6. Input Costs 34
    6.7. Cyclicality 34
    6.8. Health and Safety Concerns 34
    6.9. Technology, Research and Development (R&D) and Innovation 35
    6.10. Labour 37
    6.11. Environmental Concerns 38
    7. COMPETITION 39
    7.1. Barriers to Entry 40
    7.2. Public Procurement and the Tendering Process 41
    8. SWOT ANALYSIS 41
    9. OUTLOOK 42
    10. INDUSTRY ASSOCIATIONS 43
    11. REFERENCES 44
    11.1. Publications 44
    11.2. Websites 45
    COMPANY PROFILES 47
    AFRO-TSION CONSTRUCTION PLC 47
    ALEMAYEHU KETEMA GENERAL CONTRACTOR 49
    CHINA CIVIL ENGINEERING CONSTRUCTION CORPORATION 51
    CHINA COMMUNICATIONS CONSTRUCTION COMPANY LTD 53
    CHINA RAILWAY GROUP LTD 58
    CHINA ROAD & BRIDGE CORPORATION 63
    CONSOLIDATED CONTRACTORS COMPANY 65
    DMC CONSTRUCTION PLC 68
    ETHIOPIAN CONSTRUCTION WORKS CORPORATION 69
    FLINTSTONE ENGINEERING 70
    HABESHA CONSTRUCTION MATERIALS AND DEVELOPMENT SC 73
    HELA CONSTRUCTION PLC 75
    MIDROC ETHIOPIA PLC 76
    MIDROC FOUNDATION SPECIALIST PLC 78
    RAMA CONSTRUCTION PLC 80
    SUNSHINE CONSTRUCTION PVT LTD 82
    SUR CONSTRUCTION PLC 84
    TEKLEBERHAN AMBAYE CONSTRUCTION PLC 86
    UNIVERSAL CONSTRUCTION PVT LTD 88

    Report Coverage

    This report on the construction industry in Ethiopia focuses on conditions in the local sector as well as market opportunities for companies in all the sectors of the economy. It investigates government initiatives as well as recent developments and factors influencing the success of the sector. The report also profiles 14 foreign and local construction companies, ranging from global giant, state-owned China Road & Bridge Corporation (CRBC) which employs 1,500 people in Ethiopia alone, to local micro-enterprise, Alemayehu Ketema General Contractor t/a AKGC, which focuses on the construction of road and waterworks and has seven permanent employees.

    The Ethiopian Construction Industry

    The Ethiopian construction industry is benefitting from the massive levels of growth the country has experienced over the last decade. During this period, economic growth averaged 10.7%, which is more than double the yearly average 5.2% growth rate of sub-Saharan Africa. The construction sector is expected to experience 36.4% annual growth and contribute 7.6% or US$4.723bn to national GDP of US$55.75bn in the 2015 financial year. It is because of these figures that the International Monetary Fund (IMF) rated Ethiopia as one of the top five growing economies in the world.

    Opportunities

    The Ethiopian construction sector has benefitted from the government’s Growth and Transformation Plan (GTP), now in its second phase and extended until 2020, positive trade relations with China and large-scale investments from that country. Chinese contractors have helped local Ethiopian firms by training them, bringing them in to assist on large-scale projects, and showing them how to manage projects more effectively. Government’s intention of spending an average 10% of its GDP on infrastructure each year for the next ten years is a further boost and presents opportunities for companies of all sizes operating within the construction sector.

    Read More..
    The Construction Industry in Ethiopia 2015

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    Buy Now +

    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

    Buy Now +

    Historical Reports

    The Construction Industry in Ethiopia 2022-09-29

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2018-01-30

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2015-03-24

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2014-09-09

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. SIZE AND STRUCTURE OF THE INDUSTRY 1
    2.1. Geographic Position 1
    2.2. Key Cities and Regions 2
    2.3. Size of the Industry 3
    2.3.1. Key Indigenous and Foreign Players 3
    3. STATE OF THE INDUSTRY 8
    3.1. Local 8
    3.1.1. Corporate Actions 9
    3.1.2. Regulations 10
    3.1.3. Market Opportunities and Challenges per Sector 11
    3.1.3.1. Transport 12
    3.1.3.2. Energy/Power 15
    3.1.3.3. Water Supply and Treatment 18
    3.1.3.4. Healthcare 20
    3.1.3.5. Education 22
    3.1.3.6. Telecommunications 23
    3.1.3.7. Residential Building 24
    3.1.3.8. Commercial 25
    3.1.3.9. Retail 26
    3.1.3.10. Hotels and Tourism 27
    3.1.3.11. Mining and Industrial 27
    3.2. Continental 31
    3.3. International 35
    4. INFLUENCING FACTORS 37
    4.1. Economic Environment 37
    4.1.1. Effects on the Construction Sector 38
    4.2. Socio-Political Environment 39
    4.3. Infrastructure Deficit 41
    4.3.1. Government Infrastructure Programme Spend 41
    4.3.2. Foreign Direct Investment (FDI) 41
    4.3.3. Private Sector Investment 41
    4.4. Urbanisation 42
    4.5. Local Content 43
    4.6. Corruption 43
    4.7. Industry Supply Chain 44
    4.7.1. Capacity, Quality and Security of Supply 44
    4.8. Industry Specific Issues 45
    4.8.1. General Trends 45
    4.8.2. Input Costs 46
    4.8.3. Cyclicality 46
    4.8.4. Health and Safety 47
    4.9. COMPETITION 47
    4.9.1. Barriers to Entry 47
    4.9.2. Public Procurement and the Tendering Process 48
    4.10. Labour Resources 48
    4.10.1. Training and Skills Development 48
    4.10.2. Licensing 49
    4.10.3. Skills Shortages 49
    4.10.4. Opportunities for Foreign Professionals 50
    4.10.5. Technology, Research and Development (R&D) and Innovation 50
    4.11. Environmental Concerns 51
    5. SWOT ANALYSIS 52
    6. OUTLOOK 54
    6.1. Construction Industry Forecast 54
    6.2. Macroeconomic Outlook 54
    6.3. Political Outlook 54
    7. INDUSTRY ASSOCIATIONS 55
    8. REFERENCES 56
    8.1. Publications 56
    8.2. Websites 56
    COMPANY PROFILES 58
    AFRO-TSION CONSTRUCTION PLC 58
    ALEMAYEHU KETEMA GENERAL CONTRACTOR 60
    CAMPBELL PROJECT MANAGEMENT SERVICES (ETHIOPIA) PLC 62
    CHINA ROAD & BRIDGE CORPORATION 64
    CONSOLIDATED CONTRACTORS COMPANY 66
    FLINTSTONE ENGINEERING 69
    HABESHA CONSTRUCTION MATERIALS & DEVELOPMENT SC 72
    HELA CONSTRUCTION PLC 74
    RAMA CONSTRUCTION PLC 76
    SUNSHINE CONSTRUCTION PVT LTD 78
    SUR CONSTRUCTION PLC 80
    TEKLEBERHAN AMBAYE CONSTRUCTION PLC 83
    UNIVERSAL CONSTRUCTION PVT LTD 85

    Extract

    Ethiopia’s GTP is entering the final year of its first phase and the impact so far has been overwhelmingly positive...

    Description

    All factors surrounding the Ethiopian construction industry, including the socio-economic, political, opportunities, and threats, are discussed, as well as relevant updates detailing important changes in the last nine months.

    The Construction Industry in Ethiopia 2015

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    Buy Now +

    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

    Buy Now +

    Historical Reports

    The Construction Industry in Ethiopia 2022-09-29

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2018-01-30

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2015-09-18

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2014-09-09

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. SIZE AND STRUCTURE OF THE INDUSTRY 1
    2.1. Geographic Position 1
    2.1.1. Key Cities and Regions 2
    2.2. Size of the Industry 3
    2.2.1. Key Indigenous and Foreign Players 3
    3. STATE OF THE INDUSTRY 7
    3.1. Local 7
    3.1.1. Corporate Actions 8
    3.1.2. Regulations 9
    3.1.3. Market Opportunities and Challenges per Sector 10
    3.1.3.1. Transport 11
    3.1.3.2. Energy/Power 14
    3.1.3.3. Water Supply and Treatment 16
    3.1.3.4. Healthcare 17
    3.1.3.5. Education 19
    3.1.3.6. Telecommunications 20
    3.1.3.7. Residential Building 20
    3.1.3.8. Commercial 21
    3.1.3.9. Retail 21
    3.1.3.10. Hotels and Tourism 22
    3.1.3.11. Mining and Industrial 23
    3.2. Continental 25
    3.3. International 27
    4. INFLUENCING FACTORS 29
    4.1. Economic Environment 29
    4.1.1. General 29
    4.1.2. Effects on the Construction Sector 30
    4.2. Socio-Political Environment 31
    4.3. Infrastructure Deficit 33
    4.3.1. Government Infrastructure Programme Spend 33
    4.3.2. Foreign Direct Investment (FDI) 33
    4.3.3. Private Sector Investment 34
    4.4. Urbanisation 35
    4.5. Local Content 35
    4.6. Corruption 36
    4.7. Industry Supply Chain 36
    4.7.1. Capacity, Quality and Security of Supply 36
    4.8. Industry Specific Issues 38
    4.8.1. General Trends 38
    4.8.2. Input Costs 38
    4.8.3. Cyclicality 38
    4.8.4. Health and Safety 39
    4.9. Competition 39
    4.9.1. Barriers to Entry 39
    4.9.2. Public Procurement and the Tendering Process 40
    4.10. Labour Resources 40
    4.10.1. Training and Skills Development 40
    4.10.2. Licensing 41
    4.10.3. Skills Shortages 41
    4.10.4. Opportunities for Foreign Professionals 41
    4.11. Technology, Research and Development (R&D) and Innovation 41
    4.12. Environmental Concerns 42
    5. SWOT ANALYSIS 44
    6. OUTLOOK 45
    6.1. Construction Industry Forecast 45
    6.2. Macroeconomic Outlook 46
    6.3. Political Outlook 46
    7. INDUSTRY ASSOCIATIONS 47
    8. REFERENCES 47
    8.1. Publications 47
    8.2. Websites 48
    COMPANY PROFILES 49
    Afro-Tsion Construction Plc 49
    Alemayehu Ketema General Contractor 51
    Campbell Project Management Services (Ethiopia) Plc 53
    China road & Bridge Corporation 55
    Consolidated Contractors Company 57
    Flintstone Engineering 60
    Habesha Construction Materials & Development SC 62
    Hela Construction Plc 64
    Midroc Ethiopia Plc 65
    Rama Construction Plc 67
    Sunshine Construction Pvt Ltd 69
    Sur Construction Plc 71
    Tekleberhan Ambaye Construction Plc 73
    Universal Construction Pvt Ltd 75

    Extract

    The Ethiopian Government has promoted a strategy of state-led economic development which has led to a construction boom in the country's major cities and regions...

    Description

    This report investigates the Ethiopian infrastructure industry, which is changing rapidly and is developing into a major player in the economy. There are many small firms in the industry, several mid-sized players but no massive local construction corporations. However, the country has developed excellent trade and aid relations with China so many Chinese firms have taken on big projects in the country. The industry is growing rapidly, due to Ethiopia's significant GDP growth in the last five years on the back of the government's Growth and Transformation Plan (GTP) as well as increased foreign investment.

    The Construction Industry in Ethiopia 2014

    Full Report

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    Buy Now +

    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.20 (USD)*

    Buy Now +

    Historical Reports

    The Construction Industry in Ethiopia 2022-09-29

    R 9 500.00(ZAR) estimated $501.43 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2018-01-30

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2015-09-18

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    The Construction Industry in Ethiopia 2015-03-24

    R 1 900.00(ZAR) estimated $100.29 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. SIZE AND STRUCTURE OF THE INDUSTRY 1
    2.1. Geographic Position 1
    2.1.1. Key Cities and Regions 1
    2.2. Size of the Industry 3
    2.2.1. Key Indigenous and Foreign Players 3
    3. STATE OF THE INDUSTRY 5
    3.1. Local 5
    3.1.1. Corporate Actions 5
    3.1.2. Regulations 6
    3.1.3. Market Opportunities and Challenges per Sector 6
    3.1.3.1. Transport 7
    3.1.3.2. Energy/Power 7
    3.1.3.3. Water Supply and Treatment 8
    3.1.3.4. Healthcare 8
    3.1.3.5. Education 9
    3.1.3.6. Telecommunications 9
    3.1.3.7. Residential Building 9
    3.1.3.8. Commercial 9
    3.1.3.9. Retail 10
    3.1.3.10. Hotels and Tourism 10
    3.1.3.11. Mining and Industrial 10
    3.2. Continental 10
    3.3. International 11
    4. INFLUENCING FACTORS 12
    4.1. Economic Environment 12
    4.1.1. General 12
    4.1.2. Effects on the Construction Sector 12
    4.2. Socio-Political Environment 12
    4.3. Infrastructure Deficit 13
    4.3.1. Government Infrastructure Programme Spend 13
    4.3.2. Foreign Direct Investment (FDI) 13
    4.3.3. Private Sector Investment 13
    4.4. Urbanisation 13
    4.5. Local Content 13
    4.6. Corruption 13
    4.7. Industry Supply Chain 14
    4.7.1. Capacity, Quality and Security of Supply 14
    4.8. Industry Specific Issues 15
    4.8.1. General Trends 15
    4.8.2. Input Costs 15
    4.8.3. Cyclicality 15
    4.8.4. Health and Safety 15
    4.9. Competition 16
    4.9.1. Barriers to Entry 16
    4.9.2. Public Procurement and the Tendering Process 16
    4.10. Labour Resources 16
    4.10.1. Training and Skills Development 16
    4.10.2. Licensing 16
    4.10.3. Skills Shortages 17
    4.10.4. Opportunities for Foreign Professionals 17
    4.11. Technology, Research and Development (R&D) and Innovation 17
    4.12. Environmental Concerns 17
    5. SWOT ANALYSIS 18
    6. OUTLOOK 18
    6.1. Construction Industry Forecast 18
    6.2. Macroeconomic Outlook 19
    6.3. Political Outlook 19
    7. INDUSTRY ASSOCIATIONS 19
    8. REFERENCES 19
    8.1. Publications 19
    8.2. Websites 20
    COMPANY PROFILES 21
    AFRO-TSION CONSTRUCTION PLC 21
    ALEMAYEHU KETEMA GENERAL CONTRACTOR 23
    CAMPBELL PROJECT MANAGEMENT SERVICES (ETHIOPIA) PLC 24
    CHINA ROAD & BRIDGE CORPORATION 25
    CONSOLIDATED CONTRACTORS COMPANY 26
    FLINTSTONE ENGINEERING 28
    HABESHA CONSTRUCTION MATERIALS & DEVELOPMENT SC 30
    HELA CONSTRUCTION PLC 31
    MIDROC ETHIOPIA PLC 32
    RAMA CONSTRUCTION PLC 33
    SUNSHINE CONSTRUCTION PVT LTD 34
    SUR CONSTRUCTION PLC 36
    TEKLEBERHAN AMBAYE CONSTRUCTION PLC 38
    UNIVERSAL CONSTRUCTION PVT LTD 39

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