Tag - Daewoo E&C wins $82m deal in Ethiopia

Daewoo E&C wins $82m deal in Ethiopia

Daewoo Engineering & Construction said Tuesday it has inked an $82 million deal to construct a highway in Ethiopia. Daewoo was commissioned by a state-run road management company in Ethiopa to design and build a 37-kilometer, four-lane highway that links the two regions of Meki and Zeway. The project will be financed through loan programs offered by the Seoul government-run Economic Development Cooperation Fund and the African Development Bank, Daewoo said. The builder said it hopes the new road will contribute to [...]