China firms win US$149.77mn Ethiopia road upgrade contract

The Ethiopian Roads Authority has awarded a contract worth at least US$149.77 million (ETB 2.8bn) for a road upgrade to two China-based firms, with works due to be wrapped up in 36 months. Under the deal, the two companies are to upgrade a 133km road between the districts of Mille and Kombolcha from gravel to asphalt-concrete roads. Money for the works is being sourced from a loan extended by the World Bank.
June 14, 2013 Read time: 1 min
The Ethiopian Roads Authority has awarded a contract worth at least US$149.77 million (ETB 2.8bn) for a road upgrade to two China-based firms, with works due to be wrapped up in 36 months.

Under the deal, the two companies are to upgrade a 133km road between the districts of Mille and Kombolcha from gravel to asphalt-concrete roads. Money for the works is being sourced from a loan extended by the 2332 World Bank.

For more information on companies in this article

Related Content

  • Balfour Beatty wins major UK road repair contracts
    February 3, 2016
    Balfour Beatty is now working on a seven year, €323.94 million (£245 million) highways maintenance contract in the UK. This package of works is for Coventry City Council, Solihull Metropolitan Borough Council and Warwickshire County Council. There is an option to extend the contract for a further three years. Balfour Beatty Living Places will work in partnership with the three Councils. This collaborative arrangement in the local authority highways market will provide a single source service provider acr
    Read More
  • New Pakistan motorway routes
    November 12, 2024
    New Pakistan motorway routes will be built under the PPP model.
    Read More
  • Uganda requesting transportation loan from World Bank
    July 27, 2015
    Uganda is requesting a loan worth some US$145 million from the World Bank. The loan has been recommended by the Ugandan Parliament. Provided by the World Bank's International Development Association (IDA), the funding will help pay for Uganda’s the road connectivity development project. This will focus on work in the country’s Albertine Region districts over a five-year period. The road connectivity development project will boost access to infrastructure and help develop the economy of the Albertine Region.
    Read More
  • Chinese firm branching out
    March 22, 2012
    A Chinese construction firm has managed to win a series of key highway contracts in China as well as overseas. The China Railways Group has contracts worth a total of US$1.58 billion in total for infrastructure projects.
    Read More

Highlighted Content