Ethiopian Roads Authority Signs 3.9 Billion Birr Agreement

The Ethiopian Roads Authority signed a 3.9 billion Birr agreement for the construction of 197km of roads. The agreement was signed between the Authority and two Chinese construction companies.

The roads  to be constructed are in Oromia, Amahara, and Afar regional states for the Tana Beles Sugar factory, which is under construction by the Ethiopian government.

The first 100 km stretching from Enjibar, Amhara region, to Pawi, in Benishangul-Gumuz  was given to the China Communication Construction Company.

The cost of this project is estimated to be 2.3 billion Birr. The second project which is in Oromia and Afar regional state was given to another Chinese company and is expected to cost  1.6 billion Birr, for the remaining 97km.

The signing ceremony took place at the head office of the Ethiopian Roads Authority. Representatives of the two companies Zhou Yongshen and Gao Lei attended the signing ceremony, as well as representatives from the ERA.

ERA is in the process of assigning a consultant for the project, and expects to announce its selection in the coming month according to Zayid Weldegebriel, an official with the Authority.  

Source: Fortune