Bond Certificates Handed Over to ECSU Staff
Employees of ECSU received certificates of the bond they bought for the construction of the Grand Renaissance Dam on October 3, 2013. After handing over the certificates, President of ECSU Dr. Hailemichael Aberra said to provide the country with the electric power necessary for its ongoing development activities and to generate more foreign currency by exporting electric power and thereby speed up the country’s economic development, the Grand Renaissance Dam will have significant contribution. The President said,
“We are lucky to be a part of this generation and contribute our share for the construction of this dam.”
Dr. Hailemichael also thanked expatriate instructors, most of whom are from India, for their enthusiasm to buy bonds for the construction of the dam with their one month salary. “Thank you for supporting the noble cause of more equitable share of the water of the Nile,” he said.
The over one thousand ECSU staff bought a 1.5 million birr bond, while ECSU students contributed half a million birr in cash for the construction of the dam.The president called upon the staff of the university to further strengthen their support for the construction of the Grand Renaissance Dam that is expected to generate 6000 MW electric power after its completion. It was learnt that the construction of the dam has so far been 26 per cent completed.