Ethiopia, Japan sign grant agreements worth $51 mln

Addis Ababa, August 11, 2017 (FBC) - Ethiopia and Japan today signed three grant agreements worth 51 million US dollars today.

Admasu Nebebe, State Minister for Finance and Economic Cooperation of Ethiopia and Mr. Shinichi Saida, Ambassador of Japan to Ethiopia, signed the exchange of notes.

The fund will be used for the installation of geothermal wellhead in Aluto Langano, construction of secondary schools in Tigray regional state and improvement of water supply in Bahir Dar town, Amhara regional state.

During the signing ceremony, Ambassador Saida stressed that the government of Japan was determined to contribute to Ethiopia's vision of becoming a lower middle income country by 2025, as outlined in the second Growth and Transformation Plan (GTP-II). 

The installation of geothermal wellhead in Aluto Langano project will help diversify power sources and realize the power supply from a geothermal power plant through the introduction of wellhead power system. The project is expected to benefit 300,000 people.         

The construction of secondary schools in Tigray regional state is expected to improve access to secondary education in rural areas and to mitigate overcrowded classrooms in existing schools in the urban areas of the Tigray .

The project will establish 7 new secondary schools and preparatory schools in Tigray with the project benefiting 8, 956 students in the region, according to a statement the Embassy of Japan sent to FBC today.

The improvement of water supply in Bahir Dar project will improve the volume of the water supply through the development of deep wells, expansion of distribution networks, construction of distribution reservoirs, in Bahir Dar city, thereby, contributing to decreasing water borne diseases and reducing labor for drawing water in the target area.

According to the statement Japan will continue to support Ethiopia's development through various Japanese Grant Assistance Projects, as well as through other modalities of assistance.

Posted by Amare Asrat