The Ethiopian Engineering Corporation, which operates under the Ethiopian Investment Holdings, has conducted its performance review for the first half of the 2017 fiscal year.
It was reported that the corporation achieved 91 percent work performance by undertaking 42 construction projects, 86 project designs, and 250 supervision works during the fiscal year.
Information obtained from Ethiopian Investment Holdings indicates that the corporation generated 3.8 billion Birr in revenue and 914 million Birr in unaudited profit during the stated period.
The review highlighted that the corporation should focus on long-term investments and expand its foreign financial market options.