METEC to Have Reorganization, New Name - News Summed Up

METEC to Have Reorganization, New Name


METEC to Have Reorganization, New NameOctober 15, 2018 - The military controlled industrial enterprise named Metals and Engineering Corporation (METEC) is going to be reorganized, according to FBC report. METEC came under hot water recently for the delay it caused to the Grand Ethiopian Renaissance Dam (GERD) project. METEC came into intense scrutiny soon after the late project manager of GERD, Simegnew Bekele, committed suicide. In addition to the pending reorganization, METEC will also change its name to National Metal Engineering Corporation, according to the report. METEC will only manufacture civil and commercial products with a new name, the National Metal Engineering Corporation (NMEC), subject to approval by the Council of Ministers, he said.


Source: Ethiopian News October 15, 2018 18:00 UTC



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