Ethiopian-Canadians in the Greater Vancouver Area Raised Around $80,000 USD in Bond Purchases and Donations for the Construction of Grand Ethiopian Renaissance Dam (GERD)

Downtown-Vancouver-01
Photo: Downtown Vancouver, BC, Canada

The Grand Ethiopian Renaissance Dam will be the biggest dam in Africa and the 13th in the world, and will cost about $5 Billion USD, and is expected to be completed in 2015

VANCOUVER, BC, April 8, 2013 — Ethiopian-Canadians residing in the greater Vancouver area donated and purchased bonds in the amount of around $80,000 USD for the Grand Ethiopian Renaissance Dam (GERD) through a local organizing committee.

Those who participated in the bond purchase and donation received their guaranteed certificates and thank you letters from the organizing committee at the meeting held on March 24, 2013 in Vancouver. For meeting pictures and videos, check the Vancouver organizing committee’s website: http://EthiopianGrandDam.WordPress.com

The Ethiopian government launched the bond sales for the GERD project using the Ethiopian Electric Power Corporation as bond issuer in 2011; and since then Ethiopians with in Ethiopia and all over the world have been purchasing bonds and donating money towards the project. The GERD project bond — offered to all Ethiopian citizens and also to Ethiopia-born individuals who are citizens of other countries — was spearheaded by the late prime minister of Ethiopia, Meles Zenawi.

Tweet this: #Ethiopians in #Vancouver, BC, @EthioAbayBC invest $80,000 USD on #GERD #Grand #Ethiopian #RenaissanceDam Project – http://goo.gl/iaVeW

Supporting Quotes

“The Vancouver area Ethiopians have taken the importance of the GERD project wholeheartedly and have supported the project in a very enthusiastic manner,” says Mr. Estifanos Tesfay, Diaspora Counselor at the Ethiopian Consulate General in Toronto. “Our hope is that every Ethiopian in Canada sees the tremendous progress Ethiopia has made towards the development of the country so far, and seizes this opportunity to participate in building our country by investing in the GERD project. The project is under budget and as of March 31, 2013, it is 20% completed; and is expected to be fully completed in 2015.”

“Ethiopians all over the world have joined forces to fund the development of the Grand Ethiopian Renaissance Dam, and this is very evident in the amount of money raised for the project”, says Freweyni Tesfay, GERD organizing committee chairperson for Vancouver chapter. “Even though $80,000 USD is smaller amount compared to what other Ethiopian Diaspora groups have been able to invest on this project, the amount is significant based on the number of Ethiopians residing in the Vancouver area — as compared to other major cities like Toronto, Montreal, Calgary and Edmonton; and it further shows that we can build the dam on our own without the financial help of other countries or external financial institutions”.

Useful Links, Slides and Videos:

GERD Guidelines in Amharic:
http://www.ethiopianembassy.org/Community/DBE_EEPCo_Bond.pdf

GERD Bond Purchase Application Form:
http://www.ethiopianembassy.org/PDF/MillenniumBond.pdf

Follw us on Twitter:
http://www.twitter.com/ethioabaybc/

GERD Vancouver supporters receive their guaranteed certificates:

Photo Slides (1 of 2) – 3:56

Photo Slides (2 of 2) – 4:03

Subscribe to GERD Vancouver Support Group’s Youtube Channel:
http://goo.gl/n6ZyC

Young Ethiopian Canadian Hannah Godefa Speech on GERD:

The Late Prime Minister Meles Zenawi Speech at Groundbreaking on April 2, 2011:
http://www.meleszenawi.com/ethiopian-pm-meles-zenawi-speech-on-launching-gerd-text-and-videos/

If you would like to show your support by purchasing bonds and/or making donations, please contact the organizing committee for more information.

About the GERD Organizing Team Vancouver Chapter
The GERD Organizing Team Vancouver Chapter was formed in 2012 to provide information on the GERD project, and facilitate purchase of bonds to help construct the dam on time.

For more information, please visit: http://ethiopiangranddam.wordpress.com/about-gerd/

About The Ethiopian Consulate
Since diplomatic relations started between Ethiopia and Canada, the Consulate of the Federal Democratic Republic of Ethiopia (until recently, Ethiopia had a full embassy in Ottawa, ON) has been engaged in strengthening ties between Ethiopia and Canada. The Consulate carries out government-to-government and people-to-people diplomacy, and serves as a vital resource for Ethiopians in Canada and the Ethiopian-Canadian community. In addition to consular services, the Consulate promotes Ethiopian culture and encourages trade and investment in Ethiopia. The consulate is located at # 5080 – 3080 Yonge Street. Toronto, ON, Canada M4N 3N1; and can be reached at Tel: (416) 482 6637, Fax: (416) 486 9175, and email: info@ethioconsulatecanada.org.

For more information, please visit: http://www.ethioconsulatecanada.org

About GERD Project
The Grand Ethiopian Renaissance Dam (GERD) — initially known as “The Millennium Dam”, and sometimes referred to as “Hidasse Dam” (“Hidasse”, Amharic for Renaissance) — was officially launched with the late Prime Minister Meles Zenawi groundbreaking on April 2, 2011. This new gravity dam, which is currently under construction on the Blue Nile River, will generate 6,000 MW of electric power, and is estimated to cost about $5 Billion USD; and will be fully funded by the Ethiopian government and its people. The dam project is located in the Benishangul-Gumuz Region of Western Ethiopia, just 40 km (25 mi) from the Sudan border, and is expected to be fully completed in 2015. When completed, the dam, with a reservoir capacity of 63 Billion cubic meters, will be the largest hydroelectric power plant in Africa, and the 13th largest in the world.

For more information, please visit the Ethiopian government official website: http://hidasse.gov.et

For more information, please contact:
GERD Fundraising Organizing Team – Vancouver Chapter
778-896-9985
ethioabaybc@gmail.com
http://EthiopianGrandDam.WordPress.com