ASTU Signs Contract Ceremony with Samsung C and T Consortium

Last Updated: Friday, 28 February 2025 09:15 | Published: Friday, 28 February 2025 09:12

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Adama Science and Technology University and Samsung C and T Consortium signed contractual agreement for the implementation of the Economic Development Cooperation Fund Project (EDCF-PROJECT). The aim of project is to establish 5-Centers of Excellence with Fully Furnished Research Laboratories with the current State -of- art equipment.

In his opening remarks, Dr. Lemi Guta, President of ASTU, warmly welcomed the guests on this historical project agreement signing ceremony. Dr. Lemi congratulated the ASTU community and its development partners who have been making relentless efforts to realize this huge project, which he said is decisive for ASTU to fulfill its national obligations successfully.

The President particularly extended heartfelt gratitude to: the Government of Ethiopia, the Ministry of Education, the Ministry of Finance and Economic Development, the National Project Steering Committees, and the Export- Import Bank of Korea for its generous commitment of loan under EDCF, for their unwavering dedication and Visionary leadership for the success of the project. The president stressed that the EDCF-PROJECT is huge and the first of its kind, adding that it is very significant to enhance a transformative journey in education, research, technology transfer, and innovation in Ethiopia. To this end, Dr. Lemi called on the university management, the project contactor, and all partners to join hand to implement the project.

Dr. Lemma Beresa, Research and Technology Transfer Vice President at ASTU for his part acknowledged the university management and experts, as well as partners who have made unreserved endeavor in the long journey to bring this historical project to the higher level.

Besides the representatives who signed the agreement in person, some higher officials of the Samsung C and T Consortium have attended the ceremony live on zoom from Korea, with the invitation of the vice president.

On behalf of the Consortium, Prof. Junseok Hwang and Mr. Chul Soon Hwang expressed their appreciation to Dr. Lemi Guta, President of ASTU, and the Faculty members of ASTU who actively participated in the realization of this project. They also explained their strong commitment for the successful implementation of the project. Finally, the participants have visited the Research Park.