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

  • UK’s Stonehenge Bypass approved by Government
    July 17, 2023
    The UK’s Stonehenge Bypass project has been approved by the Government.
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More
  • Mexico’s Puebla State has road plan under development
    March 29, 2018
    Mexico’s Puebla State has a road infrastructure plan under development. In all the work is expected to cost US$612.6 million, with the schedule seeing construction carried out from 2018-2019. The planned works include the La Galarza-Amatitlanes bypass, which will connect Puebla and Morelos. and a distributor road at Periferico Ecologico ring road. Work is being carried out on a 13.5km elevated road forming part of the Puebla to Mexico highway. Plans have been drawn up for upgrades to the road connecting
    Read More
  • Indian highway project awarded
    September 5, 2019
    PNC Infratech is to build a 32new highway connection in Uttar Pradesh in India. The project is expected to cost close to US$143.5 million and includes the construction of a 32km bypass, featuring two lanes in either direction. The contract was awarded by the National Highways Authority of India (NHAI) and is expected to take 36 months to complete.
    Read More

Highlighted Content