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Arbitration News to the Construction Center: Ethiopia Will Receive $307 Million!
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The international arbitration process conducted between the Construction Center and the Ethiopian Railways Authority under the Awash—Kombolcha—Hara Gebeya Railway Project has been concluded. The International Court of Arbitration in London has ruled that you will receive a net of $307.6 million in favor of the Building Center after the counterclaim. That amount will be subject to a simple interest rate of 9 percent per annum until full payment i…
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