Dam · Ethiopia

How much did Gilgel Gibe III Dam cost to build?

The Gilgel Gibe III Dam (Gibe III) is the 250 m high roller-compacted concrete dam on the Omo River in southern Ethiopia, owned by Ethiopian Electric Power, built by the Italian contractor Salini from July 2006 with Dongfang Electric supplying the electro-mechanical equipment, first generating in October 2015 and officially inaugurated on 17 December 2016. AidData's staff note gives the total cost of the project as 1.75 billion dollars, with a 470 million dollar buyer's credit from the Industrial and Commercial Bank of China.

Reported project cost

$1.75 billion

Cost basis: 2016

Omo river, Gibe III Dam in Wolayita
Mimi AbebayehuCC BY-SA 4.0

Cost evidence

Basis of the published figure

Reported project cost2016
en.wikipedia.org

Project record

Timeline

  1. 1 July 2006

    Construction started

    AidData (William & Mary)
  2. 17 December 2016

    Opened or launched

    AidData (William & Mary)

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