Ethiopia highway deal awarded to South Korean firm

South Korean contractor Hyundai Development has been awarded a major road project in Ethiopia. The firm will carry out the US$138 million project to construct a 143km road link between Ethiopia’s Tepi Region and Gore Region. The firm will commence construction activity in January 2019. The package of works was awarded to the firm by the Ethiopian Roads Authority. The project is important for Ethiopia economically as it will help develop trade and transport.
December 6, 2018 Read time: 1 min

South Korean contractor Hyundai Development has been awarded a major road project in Ethiopia. The firm will carry out the US$138 million project to construct a 143km road link between Ethiopia’s Tepi Region and Gore Region. The firm will commence construction activity in January 2019. The package of works was awarded to the firm by the Ethiopian Roads Authority. The project is important for Ethiopia economically as it will help develop trade and transport.

Road Structures

Related Content

  • Singapore highway deals signed
    January 9, 2020
    A series of highway deals have been signed in Singapore that will help boost transport in the island state.
    Read More
  • Indian highway deals awarded
    February 21, 2020
    Two important highway projects have been awarded in Rajasthan State.
    Read More
  • Ethiopia’s road development programme continuing
    April 20, 2017
    Ethiopia’s road development programme is continuing. Nearly 1,200km of roads have been built in the country in the nine months to the end of the fiscal year at the start of April 2017. Local firms accounted for nearly 610km of road construction according to the Ethiopian Roads Authority (ERA). Meanwhile the remaining 590km or so of road construction was carried out by foreign construction firms. The country’s road building programme is still underway with close to 130 projects being carried out. These proje
    Read More
  • Plans in hand for major Ethiopian road programme
    September 22, 2014
    In Ethiopia plans are in hand for a series of major road projects. The Ethiopian Government has set out a programme of road building contracts to expand the country’s transportation network. The Addis Ababa City Roads Authority (AACRA) intends to build 600km of roads in the 2014/2015 fiscal year. This will extend Ethiopia’s road network from 4,671-5,275km. However AACRA still requires some £189.5 million to complete this project. So far AACRA has received US$305 million from Addis Ababa City Administration,
    Read More

Highlighted Content