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Hydroplane Engineering and Trading PLC
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Details
Legal residence:Ethiopia
Organization type:Engineering firm
Funding agencies: World Bank HQ, Other
Sectors: Logistics, Mining, Roads & Bridges, Tourism, Transport, Water & Sanitation
Status:
Active
About
The inception of establishing a giant private water resource development company goes back to 2012GC while the major shareholder of the company was pursuing his master’s degree in Arba Minch University. The idea at that time was establishing a leading water works consultancy company in the horn of Africa in collaboration with seven senior lecturers at Arba Minch university. The consultancy business couldn’t continue well for some reason, mainly due to conflict of interest among the founding members. Later, the initiator of the venture and the current CEO brings an idea of changing the consultancy business into construction and machinery rental business which are in line with his real time business experiences in another sister company. Since then, we have grown in leaps and bounces to become Hydroplane Groups, an amalgamation of businesses in water works, building and road construction, real estate, export, import, mining, tourism, logistics transport, and more.
Maintaining a strong and liquid business firm is an obvious challenge not only in Ethiopia, but also elsewhere in the world. Despite the odds, hard work and determination pays off, and we are proud to serve our customers and community at large with the same vigor and attitude every day.
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