The Ethiopian Construction Works Corporation (ECWC), a newly established public enterprise as per the Council of Ministers Regulation Number 366/2015 and 390/2016 on 28 Sep. 2016, was founded with the authorized capital of over 20.3 billion ETB of which over 7.7 billion ETB is paid up in cash and in kind.
ECWC is governed by the public enterprises proclamation number 25/1992. Its supervising authority is given to the Public Enterprises Holding and Administration Agency and its policy making body is the Board of Executives of the corporation whose members are appointed by the government selected from different organizations.
The Corporation is an amalgamation of three formerly independent public enterprises namely: the Ethiopian Road Construction Corporation, the Ethiopian Water Works Construction Enterprise and the Ethiopian Prefabricated Building Parts Production Enterprise.
ECWC was established with a mission to deliver quality construction works both domestically and overseas, to assemble construction machineries, equipment and manufacturing spare parts as well as to acquire, own and administer dams constructed by the government, collect charges from the beneficiaries of such dams and launch similar development activities.
The corporation, as a contractor, has been engaged in various large-scale projects such as highway roads, water, irrigation and building construction works and has so far registered encouraging achievements in accomplishing various projects.
The corporation has been trying its level best to scale up its market share. It has become profitable and endeavored to play its level best to create job opportunities for thousands of people thereby contributing to the development of the country.
Currently, the corporation has over 9,000 permanent and contract employees who are working at the head office and its projects. Having a highly professional staff members and clear strategy, the corporation aspires to become more competitive and profitable in the years to come.