Ethiopia's innovative road budget

The Ethiopian Parliament has approved the country's largest budget. The government raised the budget for the 2010-2011 period by 20% from US$4.77 billion in 2009-2010 to $5.71 billion for the current financial year. A substantial portion will be allotted to the nine federal regions while $2.65 billion will be used for development spending, with $887.4 million for road infrastructure. The Ethiopian Government has said that some 70% of the 2010-2011 budget will be used on infrastructure development and povert
May 29, 2012 Read time: 1 min
RSSThe Ethiopian Parliament has approved the country's largest budget. The government raised the budget for the 2010-2011 period by 20% from US$4.77 billion in 2009-2010 to $5.71 billion for the current financial year. A substantial portion will be allotted to the nine federal regions while $2.65 billion will be used for development spending, with $887.4 million for road infrastructure. The Ethiopian Government has said that some 70% of the 2010-2011 budget will be used on infrastructure development and poverty eradication programmes, which include a special focus on improving the country's road network.

Related Content

  • IRF Washington Names its 2016 Industry Professional of the Year:
    October 18, 2016
    Malaysia’s Minister of Works receives IRF’s top award. YB Dato’ Sri Haji Fadillah bin Haji Yusof, Minister of Works and one of the chief architects behind Malaysia’s spectacular highway investment programme has been nominated to receive IRF’s most distinguished individual honor. Established in 1951, IRF’s Professional of the Year award recognises eminent public, private and education sector professionals with an outstanding track record of leadership and commitment to the road transport industry. Over the y
    Read More
  • Nigeria’s East-West route faces delays
    June 22, 2017
    Construction of the important East-West highway in Nigeria now looks to face serious delays.
    Read More
  • Key deals show strength of Tolling solutions sector
    September 26, 2013
    The world’s leading tolling solution providers have achieved significant deals in recent months emphasising the importance of their latest and proven technology. Guy Woodford reports Kapsch TrafficCom North America (Kapsch), part of Kapsch TrafficCom Group, has been awarded a five-year US$30 million contract by Canadian Tolling Company International (Cantoll). The contract will see the leading tolling technology manufacturer supply its next generation TDMA V6 Interior Transponder, also known as an onboar
    Read More
  • Vietnam sets highway plan of action
    May 28, 2012
    Additional funding is being sought for the third stage of a project that will upgrade the 3,010km Ho Chi Minh Highway in Vietnam. The third phase of the project has an estimated investment capital of some US$14.7 billion and foreign and local investors are being invited to invest in the road through different funding structures. The funding models will include the proven build-transfer-operate (BTO), build-transfer (BT) and build-operate-transfer (BOT) systems, with from 20%-30% of the funding to come from
    Read More

Highlighted Content