Investors vow to strengthen support to GERD

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Addis Ababa, 23 July 2014 (WIC) - Ethiopian investors working on water development sector said that they will boost their support for the construction of the Great Ethiopian Renaissance hydroelectric power Dam (GERD).

Some 60 investors working on the water development sector noted that visiting the GERD has motivated them to strengthen their support for its construction; saying that they have contributed earlier to its construction buying bonds with 55 million Birr.

GERD Manager, Engineer Simegnew Bekele told the investors that the Dam is helping in technology and knowledge transfer beyond boosting the country’s energy in the end. (ERTA)