17 January 2014

Ethiopia: Authority Signs Contract to Execute 161km Road Projects

The Ethiopian Roads Authority on Thursday signed contract agreements with Chinese companies for construction of 161km road projects at a cost of over 6.5 billion Birr. The Authority signed the agreement with three Chinese companies for construction of Akaki-Lebu and Akaki Yerer, Gashena-Lalibela, and Zagora-Gasay roads.

The 28km Akaki-Lebu and Akaki Yerer road project to be undertaken with over 4.6 billion Birr will have six lanes. The road will link Adama Town in Oromia State with Addis Abeba. The 89km Gashena-Lalibela road in Lalibela area of Amhara State will be undertaken with an outlay of over 1.4 billion Birr.

The project is aimed at improving infrastructure facility in Lalibela, one of the famous tourist destinations in the country. The Zagora-Gasay road project to be undertaken with 485 million Birr will link Mota, Wereta and Woldia towns in Amhara State. CCCC, China Railway Group Three and Group Seven companies will construct the roads.

The cost for construction of the roads will be covered by the Ethiopian government and fund secured from China EXIM Bank.

Source: ENA

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