Alliance Transport Services S.C is to start providing commuter bus service in the City of Addis Ababa, Ethiopia. The company is awaiting permits from the City's road transport bureau.

Alliance Transport was established in 2009, the company now has 2,1100 shareholders and a 35 million birr paid-up capital. Alliance has purchased 25 buses at a cost of 36 million birr. The purchase is partially financed by Dashen Bank through loan arrangement, according to according to Adil Abdela, chairperson of Alliance’s board of directors. The Chinese  manufacturer, Xiamen King Long Automotive Industry, delivered the buses two months ago.

Alliance has submitted a proposal to the city administration, in relation to routes of its service and transportation tariffs, Adil told Fortune.

“Alliance is the first and only private city bus to join the sector, so we want to give it due attention, in order to provide the necessary facilities and expertise,” Feleke Haile, head of the Addis Abeba City Road & Transport Bureau told journalists at the press conference, held at the Addis Abeba Municipality, on Thursday, March 14, 2013.

Alliance buses, which have a combined capacity of 2,500 passengers, are expected to deliver transportation services for five different routes in the city, after the city’s transport bureau identifies appropriate locations. The company will add 25 buses after their delivery within a month, according to Adil.

Source: Fortune