ORA Leasing Sino Trucks to Contractors

The Roads Authority of Oromia Regional State, Ethiopia has begun to hand over 366 Sino trucks with the required spare parts worth an estimated 367.7 million birr to contractors leasing the vehicles for the Universal Road Access Program.

The Roads Authority placed the order for the trucks from CGCOC Hansom Bejing Trading Co. Ltd three months ago. The order was placed with the aim of helping contractors in need of heavy duty vehicles to move materials through hilly and stony terrain explained Chala Hordofa, General Manager of the ORA.

The contractors are expected to pay for the cost of the trucks over four years at which time the authority will transfer full ownership of the trucks to the private operators.

Operators will pay an additional 5% for the processing task undertaken by ORA in addition to the 1 million birr price tag of the vehicles it was learned.  

The Universal Road Access program is open to groups of professionals in the construction sector with four or more years of experience who are given 15-20 kilometers of gravel road with average width size of 4.5 meters.

It is expected that 42 thousand kilometers of roads will be constructed in the Oromia Regional State. The state has trained and licensed 1876 construction professionals who are divided in 469 groups. ORA has allocated 3.3 billion birr in budget for the project last year.

Source: Addis Fortune