ERA Floats Tender for $50 Million Project
The Ethiopian Roads Authority announced a tender for the design of the the 80.5Km road from Gedo to Menebegna in Wollega Zone of Oromia. The project is part of the larger Gedo-Lemlem Bereha project, which is 144.3kms and is expected to require financing estimated at 50 million US dollars.
The Ethiopian government will fund 10 percent of the project while the remaining 90 percent is expected to be covered by loans.
The loans to finance the construction project are yet to be approved by the House of Peoples Representatives.
