Ethiopia: Modjo – Hawassa Road Reaches 12 Percent Completion Rate

Ethiopian Roads Authority (ERA) disclosed it has completed 12 percent of Modjo – Hawassa expressway.

The first part of the project is being constructed by China Railway Seventh Group, which contracted with the Authority 2 years ago.

The project is being undertaken under 3 segments; Mekki – Zeway, Zeway – Arsi Negele and Arsinegele – Hawassa. It stretches for almost 145 kilometers.

According to Walta Information Center, the major international financers of the expressway are the World Bank and Exim Bank of China.

Commenting on the development, ERA’s Public Relation and Communication Head, Samson Wondimu, said Modjo – Meki segment of the project would be concluded by 2018.

“So far the construction progress is well underway. We have assessed the implementation of the company on the ground and convinced that it would finalize the project on the set schedule,” he added.

Source: Walta Information Center

Exchange Rates

Selling Buying
USD US 23.8331  23.3658 
EUR EU 28.3543  27.7983 
GBP UK 32.1128  31.4831 
CAD CA 19.2763  18.8983 
CHF CHE 24.4617  23.9821 
AED UAE 6.4882  6.361