Ethiopia: Contractors, Suppliers Reach Consensus Not to Exceed 20 Percent Price Increase

Ethiopia: Contractors, Suppliers Reach Consensus Not to Exceed 20 Percent Price Increase - Contractors and construction material suppliers agreed that price increases in materials due to the devaluation of the Birr should not be more than 20pc, the amount of the devaluation, during a symposium held by the Construction Contractors Association of Ethiopia (CCAE) on Thursday, September 23, 2010. [AA Construction]