ADDIS ABABA
Ethiopia and China have signed a memorandum of understanding, under which Chinese company Hydrochina would provide technical support and consultation to projects supervised by Ethiopia's Water Works Design and Supervision Enterprise (WWDSE).
"Hydrochina will transfer scientific and technical software, knowhow and management systems," WWDSE business development and planning sub-process manager Berhan Demisse told Anadolu Agency on Sunday.
"The agreement will last for one year beginning March 12," Demisse added.
Under the deal, Hydrochina will provide training for the scientific and technical personnel of the Ethiopian enterprise, he said.
The memo of understanding also provides for the two sides to exchange scientific and technical skills and experience and to share information on the basis of mutually agreed commercial terms, added Demisse.
Founded in Shanghai, China, in 1954, Hydrochina is engaged in providing engineering consultancies, analytics and research services to water projects across China and worldwide.
Ethiopia has 12 river basins, estimated to generate an annual runoff of more than 122 billion cubic meters.
However, observers believe that the economic utilization of the resource lags behind demand.
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