Mohammed Al Amoudi is the richest black man in the World: MIDROC Ethiopia Selects Chinese Co. for 2.6b Br Cement Plant: Mohammed Al Amoudi

MIDROC Ethiopia Selects Chinese Co. for 2.6b Br Cement Plant

MIDROC Ethiopia Selects Chinese Co. for 2.6b Br Cement Plant

Tamrat G. Giorgis
Addis Fortune

Addis Ababa, Ethiopia - Derba-MIDROC Cement Plc, a subsidiary company of MIDROC Ethiopia, has selected the China Housing and Building Company (CHBC) for the turn-key construction of a brand new cement factory near Chancho town, 40Km north of Addis Abeba, in the Oromia Regional State.

Mohammed Ali Al-Amoudi

Established with a capital of 2.4 billion Br, Derba-MIDROC has received a 123.42hct plot to erect a cement plant with a production capacity of 7,000tns per day. When completed, the factory is projected to manufacture an amount twice the size of what the state owned Mugher Cement Factory is producing now.

According to reliable sources, the management of Derba-MIDROC, led by former State Minister of Infrastructure, Haile Assegdie, and their consultant, the Indian Hole-Tech, has already picked CHBC over other bidders.

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Two other companies, the Turkish Enka and the Chinese Sinoma had appeared as bidders when the tender opened on September 18, 2006. The first built was Messebo Cement Factory, a subsidiary of EFFORT, in 1998, at a cost of 1.2 billion Br. The Chinese Sinamo has been awarded the third expansion phase of the state owned Mugher that is projected to increase its daily production capacity from 2,000tns to 5,000tns; the contract, worth 1.13 billion Br, was signed on December 6, 2006, at the Sheraton Addis at 6pm.

Derba-MIDROC’s major shareholder, Sheik Mohammed Ali Al-Amoudi, and representatives of CHBC are scheduled to sign a contract amounting to 2.6 billion Br on Tuesday, reliable sources told Fortune. Close to 60 million Br of this amount will be spent on building roads to the project site and setting up camps, according to a senior manager of Derba-MIDROC.

An expert told Fortune the companies bid not only on the amount of money they have offered, but also the size of foreign currency the project would involve and how long the project may take to complete. CHBC might have given 25 months to complete the project as opposed to 27 Enka suggested it would take to finish the project, according to sources that are familiar with the project.

In a midst of serious of cement shortages in the country, which halts the vibrant performance in the construction industry, the Ethiopian government puts high importance on the successful completion of this factory; it will close a gap between demand and supply that is believed to have reached over 13 million tones a year. The current aggregate capacity of the three factories that are operating is not more than 1.6 million tones.

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31 comments

Comment from: The Python [Visitor]

This is what we are telling you folks. Eventhough the progress isn't fast enough, it is there improving year in and year out.

I hope nobody cries for this blessed achievment unless he is Anti-Ethiopian.

The Sheik deserves all due respect for his effort to creat job opportunities for ten- thousands of Ethiopians.

Let us do all our share to improve our country! Good news amid many accusations!

01/09/07 @ 10:27

Comment from: Zena [Visitor]

Dear all,

It may take few years BUT our mother land will placed where she should be.

I do hope this time the blind AAPO/CUD supporters will stop panicking when they hear any good news about Ethiopia.

IN the past, each time they hear that Ethiopia has shown some progress in her development, they feel violated, personally.

I have seen wounded faces, incarcerated tongues and peppery eyes of the Diaspora when good news came.

When we get overjoyed that the good news, deemed polluted to them, are actually music to our ears, they feel betrayed.

Some neglect the fact that Ethiopia belongs to many other ethnics, including to those, who suffered a flagrant violation of their rights under the past regimes, are now basking in the sun.

I truly can’t help feeling good when I read a news titles “MIDROC Ethiopia Selects Chinese Co. for 2.6b Br Cement Plant”

Obviously, the Diaspora, having tried every known sorcery to discredit EPRDF has dug deep into the fears of the innocent people, making most of us jittery, with some having a problem of trust issue.

Fear has many manifestations.

Irresponsible talk by irresponsible individuals has fanned the flames of fear.

False accusations have been loosely made.

Opportunities to debate with them on our shared destiny with impunity along a wide range of issues are shattered. Our ability to explore to the edges of a problem, together, challenging orthodoxy without reservations and run the gamut of ideas in search of solutions is now in doubt.

But one thing is true, Ethiopia will move on.

We might even disengage ourselves one day (leaving in the joint the rotten ideas of the naysayer) and create a fabulous society with all Ethiopians, united and harmonious.

Yes, Ethiopia is moving on. I know this outcome would torment you, but it’s a fact.

And I am smiling.

Best wishes, Zena

01/09/07 @ 10:29

Comment from: Selememaster [Visitor]

That is what i call progress. Any true Ethiopian should be happy with this kind of news.

Way to go Ethiopia!

01/09/07 @ 11:02

Comment from: Yirgacheffeeይርጋጨፍ [Visitor]

Ethiopia is taking off like a rocket! No amount of diasporah anti-Ethiopianism is going to stop Ethiopia from attaining its rightfull place of becoming one of the greatest African countries.

01/09/07 @ 11:08

Comment from: The Python [Visitor]

Kikiki...
This news has fallen under the hands of pro-government and true Ethiopians.
Casualities on Shaabia and anti-Ethiopia diaspora are assumed very massive. It is reported that the leader of anti-Ethiopia in the cyber-fight, by the name Che Guavera, is shot to death, atleast moraly....kikiki....

Let's enjoy alone!

01/09/07 @ 11:23

Comment from: Yonas Tibebe [Visitor]

This is great news indeed.

I take exception to those who would criticize decentors as traitors, Anti-Ethiopians, etc... Just because you do not agree with this government should not make you Anti-Ethiopian. If this was the case, then most Ethiopians would be Anit-Ethiopian, as most Ethiopian do not aspouse the TPLF policies. So let's stop calling names and stick to the issues.

01/09/07 @ 11:46

Comment from: ethiochulo [Visitor]

Thank You EPRDF...for letting all this bussiness men invest in our country so our people could have an opportunity to work and have a better life...and who ever does not support the current gov't of Ethiopia is Dumb and does not know what's good and bad for the people of Ethiopia....Thank You Meles You have one of the greates mindes i have ever seen i hope you live forever.

01/09/07 @ 12:12

Comment from: Che Guevara [Visitor]

HERE I AM. This greedy Saudi by the name Alamudi is responsible for the misery of a countless number of Ethiopian peasants. Without prejudice to the little good he has done, his harms are way greater. He has, by colluding with Woyane, reduce peasants to modern day slavery in their own country. He oversaw the eviction of peasants from their land with little or no compensation. He has monopolized the, among others, agricultural market to the detriment of peasants. Above all, despite his foreign nationality, he has been grossly distorting democracy in Ethiopia with a view to returning to the favor Woyane made him in looting the nation's resources. Down with the rent seekers and corrupt "officials"!!!!

01/09/07 @ 12:21

Comment from: Honest [Visitor]

Are YOU an Ethiopian?

Do YOU live in Ethiopia?

Do YOU own anything in Ethiopia?

YOU and YOURS are up for SALE!!!! Yes YOU!!! Don't look around I am talking about YOU!!! YOU are being sold for the highest bidder and right now it is a Saudi Shiek, who knows it will be next? I will be praying for YOU.

01/09/07 @ 13:32

Comment from: The Python [Visitor]

Che,
well come, though late.
It isn't the size of the dogs, but the fight between the dogs that matters for the spectators!
I hope you will find out the core message.
Have a good day messing up all over the articles,kiki.... I would have given you a one night standing to shut up your mouth. Unfortunately, it seems that we are in different continents. I think you will love the warmth inside my skirt vey much.
Kidding.... There are a lot who deserve to visit that, but not you right now, may be sometime when we walk on the same line.
Cheers,

01/09/07 @ 13:58

Comment from: Bekkaa [Visitor]

This is really good news for the Oromo peasants who have been evicted with the name of "investment" while the right word is Eviction. I hope this factory is will contribute good amount of money for the compensation of people who lost their ancestorial lands and reduced to and subjects for daily labour. Don`t think that this will not happen as we witessed so may things had happend which seems impossible.

01/09/07 @ 14:47

Comment from: Che Guevara [Visitor]

The Python,
I can see that you are taking a really reasonable line lately. I must congratulate you for that. Please keep it up. If you, me and all others are spending their time on this site and else where with a view to bringing about a better Ethiopia, then we should dare call a spade a spade. If you keep on like that, I hope many of us will be saved from extremist view against Woyane. You know extremism arises when you are deprived of your fundamental rights. Any ways, I welcome your reform and I expect same from other Woyane "supporters". In that case, I hope some civilized discussion, which will benefit us and our country will be but possible.
Melkam Timket!!

01/09/07 @ 14:51

Comment from: koster [Visitor]

Mussoloni was also doing marvelous construction works like the roads of Lema Limo and Alamata while simultaneously killing and subjugating Ethiopians like what Meles is doing now. The construction is good but still a free and democratic Ethiopia is necessary and good for all Ethiopians including the Tigreans. Why on earth is one against a free and peaceful transition of power. That is what is practised in what is called "civilized world". Are we admitting that we are "inferior" to deserve a free and fair democratic government.

01/09/07 @ 15:14

Comment from: wondimu leikun [Visitor]

Mussoloni has done what he has done. woyane can never do the good things Mussoloni did only the killings and torture of Ethiopians. They have cornered themselves into where they will never comeout. They are finished it is only a matter of time. They are trying to use America as their sheild, but America will through them out after their service is over. (asedabiwoch & medreshabisoch))

01/09/07 @ 15:56

Comment from: Gravity [Visitor]

For few individuals in this forum -- there are only two compartments that a fellow ethiopia can belong to: "Pro-Ethiopian" or "Anti-Ethiopian". I think such perspective is too myopic and naive. One can single-out a development project and counterague against it (with reasons) -- and still be pro-ethiopian. Just because an investors pours billions of dollars in the home land does not make him or her super pro-ethiopian. It think it wise to allow various views discussed in this forum -- instead of being too adversarial. In my opinion those who lacks the ability to argue objectively or on principles matters are quick to label a person as "Anti-Ethiopians" or "Pro-Ethiopian). Please educate us by analysing the issue, identifying the apparent benefits, uninteded consequences, long-term & short term benefits, etc.

01/09/07 @ 19:01

Comment from: The Python [Visitor]

Che,
"You know extremism arises when you are deprived of your fundamental rights".
Not really necessarily! Here are some more parallel, if not as such fundamental, reasons:
1.Extremism most of the time is campaigned by people who have a strong ego to make the society subjugate for what they believe correct. You can take the case of UIC in Somalia. UIC didn’t have the support of the Somalis as it had been warned. Everything looked alright only because of fear and terror flowing under the massive religious cover.
2. Failure to accept reality, which may lead to extremism as an instrument to humiliate and embarrass the society. Political extremism is a typical example. The notion of “If I don’t have it, they won’t have it either“. Lose-lose victory!
3. To make business and some times political gains. I think extremism, particularly religious, is motivated by people who want to use short cut for political and financial gains. Almost all religious extrimisms running in the world have good finaciers behind.

01/09/07 @ 19:16

Comment from: dubeemmu [Visitor]

What happened to the existing cement factories? Are they producing with their full capacities now, and still there is a shortage? or there is a sabotage to close these existing companies and give it to the single person. I do not know the answer. However, we will see in the future, if the existing companies are allowed to operate competitively. We know our demand for cement has increased. We need more factories. The question here is
How are the government owned factories doing???

01/09/07 @ 21:25

Comment from: Tsegaye [Visitor]

Absolutely good news, that Ethiopia is going forward. Be supportive of positive progress in Ethiopia.

Please continue to support Ethiopia morally, if not financially, so every Ethiopians should have positive view in progress of our poor Ethiopia. Go Ethiopia.

01/09/07 @ 23:18

Comment from: ababiya [Visitor]

Building a castle (mind blocker) doesn’t mean building the country. Don’t forget that how much castle Italy and other western colonizer build in homeland, Africa. We sow it. It didn’t mean anything. The only strong hold keep us safe was that built by our fathers, which is the spiritual one. Brothers don’t let the material things fool you. First of all, as a priority, every single child of that poor country has to feel it is his own home, and then every thing comes next. Remember, Italian used to build road and cities while they were killing several thousands of our people with bombs and gas until they feel they broke our neck by destroying our identity and anything that nature.

01/10/07 @ 00:57

Comment from: Rama [Visitor]

To The Python:
I agree 100% what you said about this disgrace shibya Che Guevara.He loves to hear only the nagative things about Ethiopia and her people.sooner or later he is going to hang himself,because he is suffering from lost of idintity and jelousy.che,please don't try to be smart by acting you are Ethiopian.GET LOST.

01/10/07 @ 02:55

Comment from: Mengistu [Visitor]

Why Al moudi fail to locate the cement factory in Mekele? He always runns after woyane!

He has to stop affiliation with woyane if he wants to get ethiopian peoples attention.

01/10/07 @ 04:56

Comment from: tigray [Visitor]

i think since we have almost finished developing tigray, we need to succeed from ETHIOPIA.........we will make peace with our eritrean brothers for port access....MELES you are a genious......letting eritrea go was part of your plan all along.............Sorry ETHIOPIA we(tigrays)used you and now we are about to dump you in the trash........Long live the republic of TIGRAY!!!!!!!

01/10/07 @ 10:29

Comment from: Mike Ze Bulga [Visitor]

Just a Little advice for people like Ato Zena.
whatever development is taking place in Ethiopia has nothing to do with CUD or any other opposition parties. Being opposition doesn't mean pro distruction. Absoultely nonesense. We need strong oppostion parties in the political process to give us more options that what we have at hand right now. who said all economic policy desined by Woyane is the last word? Guys for those who are related to Woyane, my message is we support the contribution of every citizen and non citizen individuals their great contribution towards the development. I belive Ethiopia will develop when we give a chance to everyone to take part both in economic, social and political say of the cournty. Simply this attitudes or propaganda putting all oppostion parties in one basket as enemy doesn't take us anywhere.. Let us be liberal and ready to work with those who have got good will to develop the country. Bekka Semi JOro yalew Yessma ...
firma alew.

01/10/07 @ 11:20

Comment from: ATO SAMUEL M. GEBRU [Visitor]

"Mengistu" and "Tigray" have baseless views.

TO "MENGISTU":

The Sheikh is a businessman and is entitled to support any government, person (s) and/or political party he wants to. And not all his companies and buildings are in Mekelle and I would know that since I have a home in Mekelle. He is building a wonderful four or five star hotel in the Oromia region, f.y.i.

TO "TIGRAY":

Judging by your comments you are not Tigrayan. I know countless Tigrayans, possibly hundreds, from both sides of the political scope that are friendly with Eritrean CIVILIANS not hostile to Ethiopia. Tigrayans have never used other ethnicities and never intend to do so in the near or far future. Since I am a Tigrayan I will speak on behalf of all Tigrayans when saying that all Tigrayans understand their role in Ethiopia and are ready as we have seen since ancient history to serve their position in Ethiopian society just like any other Ethiopian ethno-linguistic nation/group.

SAMUEL M. GEBRU
UNITED STATES OF AMERICA
SMGEBRU@GMAIL.COM

01/10/07 @ 15:46

Comment from: coolman [Visitor]

Ato Samuel Gebru, You wrote, I quote “Since I am a Tigrayan I will speak on behalf of all Tigrayans when saying that all Tigrayans understand their role in Ethiopia…”. A very awkward argument! I think, you know about legitimacy. Being from Tigray does not give you the right per se to speak for all people from that region. Usually, one needs to be elected or appointed as representative. You see, we have exactly a very similar line of thinking among the people of the ruling party. They assume legitimacy by default. A little allergy of mine to self-appointment; you know that there is only temporary relieve but no cure for those autoimmune diseases like allergy. No cure in sight−I pity my self for this. Concerning the comment from the guy who calls himself “TIGRAY”, I do not think that he speaks for a significant number of people from Tigray. On the other hand, saying that he can not be from Tigray because he wants secession, is not enough of an argument. However, I do believe that there are people who think in this direction. Remember, secession was/is the name of TPLF or is there a difference between liberation and secession? If you say there is a difference, then, why are the other liberation Fronts so disparaged? I would appreciate your thoughts on these. One thing also caught my attention; it is your real name that you are using right? Very unusual, those little details say much….. Peace

01/10/07 @ 17:16

Comment from: balageru [Visitor]

We Ethiopians get too emotional sometimes. the fact that Meles was originated from northern Ethiopia or even Eritrea is irrelevant. if he improves tigrean people life, is wonderful and we pray for the same better life for the rest of the country. you see anything positive welcome. he should be judged on creating democracy, peace, good economy, stability, etc. some of Israeli leaders were not born in Israel, Hitler was born in Austria even the current California governor Arni was born in Austria. if you look at most countries around boundaries area similar culture and language spoken, what i am try to say is that; people existed before the boundaries, that is why is called political administration boundaries, there is no fence it just imaginary lines. nothing wrong being proud of your culture, religion, language etc. but for god sake stop being too tribal. i came from eastern part of Ethiopia and proud of who i am and where i came from. finally i want to say that shake Alamudi has done a lot of good things for his/our country. and do not forget that Alamudi is a business man as well. it is easy talk the talk but not walk the walk.

01/10/07 @ 23:56

Comment from: Zewdie [Visitor]

Some people dancing and singing for Woyane, citing the establishment of cement factory as economic successes. For sure these people are Tigreans. Yes! A life of Tigreans is changed in many ways. Whether they pass or failed exams they go to University. They pay 300 birr, shop down trees, take to Addis Ababa and sell to 10 million birr. They torture, rape and kill other ethnic groups. Tigreans are bosses in every office. They don’t pay rents for shops; they confiscated from the owners. People scared to ask them. Because they are kings. But, time will come when they pay for it, when God run out of patience.

01/11/07 @ 02:16

Comment from: move on [Visitor]

Good job. Creates jobs directly, and also throughout the construction industry. I hope they will expedite it. The shortage of cement is at all times high.

01/11/07 @ 03:53

Comment from: Yeha [Visitor]

Dear Mengistu your idea and comonsense is really Mengistu can't think beyond your nose.

01/11/07 @ 04:50

Comment from: Yeha [Visitor]

God bless this blessed man. He is good for Ethiopia regadless the pointedless diaspora propaganda parklogist about him. As long as this man is around, Ethiopia will be in progress.
Thank you very much sir for your contribution toward the development of our country economy as usual.

Dear Mengistu your idea and comonsense is really Mengistu can't think beyond your nose.

01/11/07 @ 04:59

Comment from: Coolman [Visitor]

Balageru, Thank you for your wise words. Many say that Eritrea should still be part of Ethiopia and consider it as such and at the same time accuse Meles to be an Eritrean and a foreigner. If we say that Ethiopia is a country of many ethnic groups and truly accept this idea, why should it matter where a leader comes from? One can be critical of his word but denying him nationality is baseless. Truth can be distorted to fit ones interest. Personally, I do not care about who is building, I care about building. It is true that Sheik Mohammed Ali Al-Amoudi is a business man and as such, his primary interest is revenue generation. Any kind of legal business needs a license and it is self explaining that it is the responsibility of the government to give or deny license depending on the country’s legal framework. The Sheik is involved in big business and of course needs to work with the current government. How else can he invest or do business? Or would it have been better not to invest at all? I have no idea whether he has any businesses in Tigray region. If he has, so what? Would it make him a nice guy if he only invested in Oromia or Amhara region? The decision for a physical location of such a big project mentioned above depends on many factors like availability of raw material, man power, distance to high need areas for products, and of course tax issues or subsidies (if there are any) etc. We can not have it both ways—asking for economic development and by the same token criticizing and demonizing those who invest in the country. There are thousands of people who have work because of this man’s investment and that is real; adding the families to it, hundred thousand and more are easily reached. I ask to distinguish political disagreement with the current government from the good things that happen in the country. Peace PS: Balageru, I like your alias. Modesty is a good virtue.

01/11/07 @ 10:34

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