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EEA Building ProjectFinance for the project |
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Brief description about the project Why the project Institutional viability Finance for the project Training institute and graduate program The association has already secured about 6 million EthB for the building from its various undertakings. Furthermore, the fund raising committee, which is formed for this purpose, is undertaking activities that enable the project to secure adequate financial resources. These include members’ contribution, donations from public and private enterprises, national, international and multinational organizations, and from scheduled fund raising activities by the committee. In addition, the project office has prepared and submitted
a feasibility study to obtain loan from Construction and Business Bank
of Ethiopia for the construction of the building. The bank has accepted
the proposal and further negotiations are being made to acquire the required
loan, which is 60% of the total cost of the building. |
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