Water Ways Technologies Inc (WWT) has signed two new irrigation projects in Ethiopia
The first project consists of the installation of advanced irrigation technology assembled at a 3,000 ha sugar cane field and the supply of various components, such as valves and fittings for sprinkler systems.
The value of this project is approximately US$453150 and WWT expects it to be delivered and installed in the next several months. The second project consists of the upgrade of an existing 25-ha herb greenhouse, valued at approximately US$151050, which will focus on redesigning and remaking the farm’s head control system, including pumps, filters, controllers, fertigation units, valves, pipes, fittings and accessories.
The projects in Ethiopia are guaranteed by a letter of credits and payments to the company in respect of both projects are anticipated in the Q4 2019.