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Parallel Engineering

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Engineering Contractors Built on Precision and Accountability

A Grade 5(A) electromechanical, telecom and power contractor, established in Addis Ababa in June 2018.

OUR STORY

From a 1.5 Million ETB Start to Nationwide Delivery

PARALLEL Electro-Mechanical Engineering PLC was established in Addis Ababa in June 2018 by qualified electrical engineers, IT experts and mechanical engineers, with a paid-up capital of 1,500,000 ETB and a clear aim: to deliver telecom, power and electromechanical works to a standard that clients can rely on.

Since then we have completed or are executing more than 25 infrastructure projects for operators, utilities, banks and public institutions, including Ethio Telecom, Safaricom Ethiopia, the Ethiopian Electric Utility, the Commercial Bank of Ethiopia and the Hawassa Industrial Park Development.

Today we hold a Grade 5(A) contractor license, a permanent team of 15 engineers and technicians that scales to more than 50 on-site personnel, and a peak annual project turnover above 23,500,000 ETB.

Established June 2018

Addis Ababa, Ethiopia · Grade 5(A) Contractor

Registered Office

Gullale W09, H.No 383, Addis Ababa, Ethiopia

DIRECTION

What Drives Every Project

Our Vision

To become East Africa’s premier electromechanical engineering contractor through customer-oriented quality.

Our Mission

Cost leadership in every contract, strict adherence to international safety standards, and the perpetual development of our people.

CORE VALUES

Five Principles We Build By

Integrity

We act with honesty, integrity and a sense of urgency, and we keep the commitments we sign.

Uncompromising Safety

No schedule or cost target is worth an injury. Every site follows the same safety rules.

Engineering Precision

Correct design, tested installation and inspected handover, to the client’s specification.

Local Adaptability

Every project is custom built for its requirements, with knowledge of Ethiopian regulations, terrain and procedures.

Continuous Learning

We train our engineers and technicians and adopt current construction and engineering technology.

LEADERSHIP

The Engineers Behind Every Project

Fasil Fiseha Aysaro

General Manager / Team Leader
BSc in Electrical & Computer Engineering.

Melkamu Ada

Project Manager
BSc in Mechanical Engineering, MSc and PhD in Nuclear Engineering.

Bewnetu Alefe

Site / Project Engineer
EEA Level A Certified.

Supporting these leaders is a core team of 15 permanent engineering and technical staff, expandable to more than 50 on-site personnel for large contracts.

FINANCIAL STRENGTH

Capacity to Carry Large Contracts

Our balance sheet is backed by the Commercial Bank of Ethiopia, which has extended a 3,000,000 ETB credit facility to the company, and by strong cash-on-hand liquidity. This lets us mobilise materials, crews and equipment quickly without delaying the client.

Paid-up capital
0  ETB
CBE credit facility
0  ETB
On-site personnel at peak (15 permanent engineers and staff)
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