General

MINTP terminates contract with company Bofas for work abandonmentEthiopian, OVID Group Sign MoU to Provide 5,000 Houses for Employees

The Minister of Public Works (Mintp), Emmanuel Nganou Djoumessi, has terminated the contract of the company Bofas Sarl, as part of the rehabilitation work on the Babadjou-Bamenda road between the West and the North West region.

The company specializing in road construction is accused of abandoning work and non-compliance with contractual clauses. The decision to pathways with Bofas Sarl is contained in a release made public this week by the Ministry of Public Works.

According to MINTP, the company was expected to complete the road stretch on October 17, 2023. But in July 2023, during the last site visit carried out by Minister Djoumessi, there was a risk of postponement of the delivery date of work on the road.

This is the second deal that the Bofas company is reported to have lost in the space of three months. Last November 2023, its contract for the construction of the 49KM Esse-Soa road was terminated for the same reason with the project valued at about CFA 29 billion.

However, the project to rehabilit
ate the Babadjou-Bamenda axis (nearly 52 km) on the Yaoundé-Enugu corridor is financed by the World Bank to the tune of CFA 110 billion. In its configuration, the Babadjou-Bamenda road axis has four sections: section 1 Babadjou-Matazem (with a distance of 17km), section 2 Matazem and Welcome to Bamenda (18KM), section 3 Bamenda up to Hill station bypass (near of 5 KM) and the last batch consists of the construction of the urban crossing of the city of Bamenda (nearly 12 km). Only the works along the first section of the road have been completed to over 92%.

Source: Cameroon News Agency

Ethiopian Airlines Group and OVID Group have signed a Memorandum of Understanding (MoU) that could provide 5,000 houses for employees of the airline today.

Signing the agreement, Ethiopian Group CEO Mesfin Tasew said the airline has about 17,000 permanent employees.

The airline has been trying its best to respond to the housing demand of the employees, he said, adding that the agreement signed with OVID will provide 5,000 houses for workers.

Reiterating the commitment of the group for the realization of the agreement, Mesfin stated that the cost of the houses will be covered by the employees.

OVID Group CEO Yonas Tadesse said for his part that the group has been playing its part to contribute to the effort to ease the shortage of houses.

He affirmed that his company will deliver the houses for the employees as per the agreement.

OVID Group plans to develop 60,000 housing units in Addis Ababa, it was learned.

Source: Ethiopian News Agency