Ethiopian Roads Authority Awards 12 New Projects to Contractors

ethiopian-roads-authorityThe Ethiopian Roads Authority (ERA) said it has awarded 12 road projects to local and foreign contractors.

The road projects, which are totally 825.23 km long, cost $568 million (19.9 billion birr). Part of the fund will be allocated by the Ethiopian government, and the World Bank will provide the rest.

The road projects are expected to take 17 months to four years to complete.

Source: FBC


Exchange Rates

USD 36.2387  35.5281 
EUR 42.7580  41.9196 
GBP 45.3606  44.4712 
AED 8.9278  8.7527 
CAD 24.6753  24.1915 
CHF 37.9556  37.2114