The government’s imports had helped bring down the
cost of cement from 400 Br to between 192 Br and 230
Br per quintal.
Two weeks after the Gilgel Gibe II Hydroelectric
Power Plant was inaugurated, however, part of the
26km tunnel collapsed, and the factories are once
again working for only half a day. This led to a
price hike to between 300 Br and 315 Br per quintal,
almost immediately.
