Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

Post by franky06on Jun 30, 2012 4:19pm
412 Views
Post# 20072556

A 3year project

A 3year project


Dallol-Agula road project being speeded up PDF Print E-mail
Wednesday, 26 October 2011 18:35

Construction of the road interconnecting the Potassium rich Dallol area in the Afar state with the main road in Agula town of the Tigray state is being speeded up at a cost of 2 billion Birr.

Dallol is situated at 130 meters below sea level. Its temperature is estimated to be between 30 and 50 degree centigrade.

The 155km Dallol-Agula road is being built by the defense construction division. The project has two phases: Agula-Berahle and Berahle-Dallol.

20% earthwork of the Agula-Berahle road project has already been completed, according the project manager, Asmare Wale.

“The project is planned to be completed in 3 years time; it has been over a year now. We had planned to accomplish 12% in a year with 99 million Birr; what we have achieved so far is 13% spending 104 million Birr; that’s more than what we planned for the year,” the project manager told ERTA reporter.

Similarly, 20% earthwork of the Berahle-Dallol road project has been completed so far. The project has created over 1,300 jobs to residents of the surrounding areas. Meria Yusuf is among the beneficiaries.

“I am beneficial from this project; I earn 30 Birr per day,” she said.

Administrator of Berahle district for his part says the project would facilitate the socio-economic progress of the area. Over 300 tourists visit Dallol every month. It is also a place rich in potassium.

Five companies with a combined capital of 6.5 billion US dollars are engaged in potassium extraction in Dallol.

Bullboard Posts