# Kingda Holding subsidiary signs 209M yuan service agreement with China Electronics Engineering Design Institute

Kingda Holding's wholly-owned subsidiary Kingda (Ethiopia) signed a general agreement with China Electronics Engineering Design Institute (Eleventh Design Institute) for procurement and management services for a project in Ethiopia, with a total contract price of 209 million yuan.

- Type: Contract
- Announced: 2018-01-25
- Where: Ethiopia, Ethiopia
- Value: $33.0M (209.0M CNY)
- Status: announced
- Products: linen yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kingda Holding](https://endata.com/companies/29622.md) (customer)
- [China Electronics Engineering Design Institute](https://endata.com/companies/29623.md) (supplier)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/103502.html), 2018-01-25: "金达(埃塞)与十一科技订立总协议，十一科技同意就项目发展向金达(埃塞)提供采购服务及管理服务，合同总价为2.09亿元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.