Addis Ababa, February 27, 2025 (ABN)
Ethiopian Construction Works Corporation (ECWC) has announced outstanding achievements in its EFY 2017 six-month performance review, surpassing its construction targets and recording significant financial growth.
During the period, ECWC successfully completed 13 construction projects achieving 117% of its target demonstrating its efficiency and capacity in delivering large-scale infrastructure. The corporation also reported a remarkable 93% increase in revenue compared to the same period last year, along with an 88% growth in profit before tax, highlighting its strong financial performance.
Looking ahead, ECWC has outlined strategic plans to accelerate ongoing projects and venture into prefabricated housing. This move aims to strengthen its market position and drive modernization in Ethiopia’s construction sector.
The corporation’s latest performance underscores its commitment to operational excellence and innovation, positioning it as a key player in the nation’s infrastructure development.
