European funding for Ethiopian infrastructure

A new agreement on funding has been struck between Ethiopia and the European Union. The deal will see the EU providing some US$ 287 million in the form of a development grant, to be used for an array of projects in the country. In all $66.56 million of the funding will be used for road construction, with the rest of the grant being aimed at improving health and protecting the country from drought.
November 27, 2013 Read time: 1 min
A new agreement on funding has been struck between Ethiopia and the 1116 European Union. The Deal will see the EU providing some US$ 287 million in the form of a development grant, to be used for an array of projects in the country. In all $66.56 million of the funding will be used for road construction, with the rest of the grant being aimed at improving health and protecting the country from drought.
Road Structures

For more information on companies in this article

Related Content

  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
    Read More
  • Vietnam's new bridge deal
    February 14, 2012
    Funding and assistance from Australia, South Korea and the Asian Development Bank (ADB) will help finance key road and bridge projects in Vietnam.
    Read More
  • Innovations in earthmoving machines
    March 16, 2012
    The earthmoving machine market is seeing major innovations for 2012 - Mike Woof reports. The early part of 2012 is seeing a whole array of new earthmoving machines come to market from a vast range of manufacturers. Companies from China, Europe, Japan, South Korea, Turkey and the USA will all be unveiling new earthmoving equipment at the upcoming Intermat exhibition, with innovative emission compliant engine and cooling technology.
    Read More
  • Funding secured for Data Sustains Life project
    February 3, 2025
    The UK’s TRL and University Hospital Southampton will collaborate on collision data to improve the safety of roads for all users.
    Read More

Highlighted Content