First batch of ordered Chinese trucks arrive
Capital Ethiopia, Wednesday 23 April 2008

By Muluken Yewondossen

From one thousand trucks that are expected to be imported to the country by the Ministry of Works and Urban Development (MWUD), fifty have arrived today and have been parked at the Bank Institute area in Akaki.

These dump trucks are imported by the Chinese company, CGC Over Seas Construction Ethiopia Limited.
The trucks will be distributed for medium standard local construction companies who are participating in the housing development program that the city is undertaking and of regional housing development offices. The construction companies and regional offices should pay a down payment of thirty percent to the Commercial Bank of Ethiopia (CBE) and the remaining balance will be paid as per their agreement with the Bank.

"This is one part of the capacity building program that MWUD has planned for medium and low level local contractors," said officials from the Ministry.
Sources told Capital that the Chinese made trucks have 290 horse power (hp) and have a capacity of loading up to sixteen m3. Each truck costs close to five hundred thousand ETB.

According to sources, the trucks will work on the housing development programs and the buyers should get the agreement of the ministry before they buy the trucks.

The trucks reached Djibouti Port one week ago and have been expected to arrive at the capital of Ethiopia on Friday April 18, 2008.

The MWUD signed the agreement with the same Chinese company to import freight trucks which will be distributed for small scale construction companies who have been taking part on the housing development program since February 2008.



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