Asian stocks climb, eyes turn to Fed data    Russia to focus on multipolar world, business dialogues with key partners at SPIEF 2024    African Hidden Champions to host soirée celebrating rising business stars    Egypt explores new Chinese investment opportunities for New Alamein's planned free zone    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Biden announces $7b in grants for solar projects on Earth Day    Egypt issues EGP 6b zero coupon t-bonds    Deforestation in Liberia threatens European cocoa market    Asian stocks rebound as Middle East tensions ease    Prime Minister Madbouly reviews cooperation with South Sudan    Health Ministry, EADP establish cooperation protocol for African initiatives    Health Ministry collaborates with ECS to boost medical tourism, global outreach    Ramses II statue head returns to Egypt after repatriation from Switzerland    EU, G7 leaders urge de-escalation amid heightened Middle East tensions    Netanyahu's recklessness threatens to transform ME into open war zone    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    Eid in Egypt: A Journey through Time and Tradition    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    Egypt builds 8 groundwater stations in S. Sudan    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Shoukry, Kamel head to Addis Ababa to discuss bilateral relations
GERD could be delayed due to lack of experience: Ethiopian PM
Published in Daily News Egypt on 26 - 08 - 2018

Egypt's Minister of Foreign Affairs Sameh Shoukry, and head of General Intelligence Abbas Kamel head to the Ethiopian capital Addis Ababa on Monday carrying a message from President Abdel Fattah Al-Sisi to the Ethiopian prime minister Abiy Ahmed.
According to a statement from the Ministry of Foreign Affairs, the meeting will address bilateral relations and the updates regarding the Grand Ethiopian Renaissance Dam (GERD).
Meanwhile, Ethiopia's prime minister Abiy Ahmed said on Saturday that the construction of the GERD was delayed, accusing the MeTEC firm, which is undertaking the electromechanical work of the GERD for the delay of the project.
Metal and Engineering Corporation (MeTEC) is a governmental company affiliated with the Ethiopian ministry of defence.
According to the Ethiopian News Agency (ENA), the GERD is set to become Africa's largest hydro power dam with a capacity of 6,450 Megawatt (MW) upon completion. Its construction costs nearly $4bn. The project was expected to start generating power with its two turbines this year but as Abiy said the two turbines have not yet been installed.
"GERD is not an ordinary project rather it's an iconic flagship project for all Ethiopians. Its successful competition can be taken as a yardstick for the national project achievements," Abiy said, adding in a press conference "therefore, to enhance the pace of the project, the electromechanical work could be outsourced to efficient contractors or companies."
"Immature project management exacerbated by lack of experience and apathetic working culture greatly affected the progress of these projects," he said
The Ethiopian prime minister clarified that the civil work of the project which is being undertaken by the Italian constructor firm, Salini Impregilo, is in good progress while the electromechanical installation is expected to be completed by MeTEC remained behind schedule, indicating that the electromechanical work could be awarded to other companies most likely civil companies.
Abiy added that he is following the situation of Sheikh Mohammed Hussein Al-Amoudi and is pressing the Saudi government to release him, adding that he (Abiy) will visit Al-Amoudi soon. Saudi-Ethiopian businessman Al-Amoudi is one of the main sources for funding the GERD, was arrested and detained at the Ritz Carlton hotel in Saudi Arabia during a governmental campaign resulted in detaining many Saudi businessmen.
According to reports from the Ethiopian Ministry of Water, Irrigation and Energy, the first two turbines that are planned to start generating power this year, may not be operational before 2020.
The Grand Ethiopian Renaissance Dam, formerly known as the Millennium Dam, is under construction in the Benishangul-Gumuz region of Ethiopia, on the Blue Nile River. Construction of the Dam started in April 2011 and was expected to be accomplished by 2017, despite changes in design and installed power generation capacity.
Egypt has expressed concerns that the construction of the Renaissance Dam could negatively affect its historic Nile water share of 55bn cubic metres, which it has had access to since the historic 1959 agreement between Egypt and Sudan.


Clic here to read the story from its source.