Over 64,000 USD GERD Bonds Sold in Canada

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Addis Ababa, 02 August 2014 (WIC) - Ethiopians residing in Canada have reportedly bought and raised 64,000 USD bond for the Grand Ethiopian Renaissance Dam (GERD).

According to the Office of the Spokesperson of the Ministry of Foreign Affairs, the Ethiopian Diaspora living in three Canadian cities raised the fund on the 3rd Anniversary of the Laying of the Foundation of GERD.

Close to USD 8,000 was also pledged.

Speaking on the occasion, Special Envoy and Plenipotentiary Ambassador Birtukan Ayano thanked those who supported the project and noted the construction of the dam is progressing well.

Canadian parliament member, Peter Bread, said on his part that he had witnessed encouraging development activities during his visit to Ethiopia, adding that the completion of the dam would have vivid contribution to the growth of the country.

According to ENA, he also said the long diplomatic relation of Ethiopia and Canada should further be consolidated in trade and investment as well.