Alliance Transport Services to Launch Commuter Bus Service
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.
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