Construction

Addis Ababa, EN, 13 Feb, 2023:- Ethiopia Terminates Chinese Contractor from mega project The Chinese contractor, who is building the Adey Ababa National Stadium in Addis Ababa, was unable to reach an agreement on the price adjustment request. The termination agreement was reached between the Ministry of Culture, Sport and Tourism, which owns and builds the national stadium, and the contractor, China Construction and Design Corporation. "We agreed to pay 12.5 billion birr by making a 225 percent payment adjustment on the previous contract by negotiating on the price adjustment request presented by the company," said the Minister of Culture…