12 January 2014

Ethiopia: Ready to Welcome Payers

After four years of construction, the first Addis-Adama Expressway will soon await paying drivers. The new expressway, which has the capacity to handle up to 20,000 vehicles a day, was awarded to the China Communications Construction Company (CCCC), to which the EX-IM has decided to lend money. The Ethiopian Roads Authority (ERA), the developer of the project, signed a deal with CCCC in June 2009 and construction work commenced in April 2010. The deadline was set for four years later.

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