Skip to main content

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.

Related Content

  • Munich Autobahn widening now commencing
    September 14, 2016
    Preparation work is starting on a widening project for the A99 Autobahn, which runs around the city of Munich in the southern German state of Bavaria. The project will see the A99 being widened from its current six lanes to eight lanes on the north side of the city, between the junctions with the A9 and A92 Autobahn routes. This stretch of the A99 is close to the Allianz Arena as well as the city’s international airport and frequently suffers heavy congestion at peak periods of the day as well as from touri
  • New CIS highway connection planned
    August 19, 2016
    Plans are being set out for an important new highway link in the CIS. This new link will connect the M-5 and M-7 highways, close to the city of Ufa and the project is expected to cost US$1.12 billion to carry out. The work will require the construction of a tunnel stretch carrying four traffic lanes, as well as two highway sections and an overpass in the city itself. Ufa is the capital of the Republic of Bashkortostan, which is part of the CIS. The city is linked to Russia’s capital Moscow by the M-7 highwa
  • Successful talks for Chile-Argentina tunnel
    August 28, 2014
    Successful talks have been held between Chile and Argentina with regard to the Agua Negra Tunnel that will link the two countries. The project looks set to cost US$1.37 billion to construct, according to Business News Americas. The majority of the planned route, 72%, lies in Argentina and the country will provide the bulk of the funding required; some $986 million. Chile will provide the remaining $384 million. The agreement was struck between the Publics Works Ministries of the two countries. Further detai
  • US$97 million WB backing for Pakistan-Afghanistan expressway
    February 19, 2024
    World Bank’s US$97 million support will assist the Pakistan-Afghanistan expressway project.