Funding for Ethiopia rural road development

The EU will provide funding worth US$613.37 million to the Ethiopian Government for rural road development. The financing will be provided between 2016 and 2020, as part of a road funding programme in place since 1997. Around 65% of Ethiopia’s local districts have road access at present. The country’s investment in road infrastructure has seen a halving of average journey times in Ethiopia. Meanwhile the road network had grown to nearly 100,000km at the end of 2014 compared to just 26,000km in 1997. The con
October 14, 2015 Read time: 1 min
The EU will provide funding worth US$613.37 million to the Ethiopian Government for rural road development. The financing will be provided between 2016 and 2020, as part of a road funding programme in place since 1997. Around 65% of Ethiopia’s local districts have road access at present. The country’s investment in road infrastructure has seen a halving of average journey times in Ethiopia. Meanwhile the road network had grown to nearly 100,000km at the end of 2014 compared to just 26,000km in 1997. The condition of the country’s road network has also improved over this period.
Road Structures Finance & Funding

Related Content

  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More
  • Plans to halve road deaths by 2030
    February 21, 2020
    A new plan aims to halve road deaths by 2030
    Read More
  • Ethiopian capital Addis Ababa’s road development
    March 1, 2018
    Ethiopia’s capital, Addis Ababa, is developing its road network with a series of projects underway. In the last six months the city authorities have pushed ahead with works to 385km of roads. Around US$231 million has been budgeted for road development work, including building new links and maintaining existing roads. At present Addis Ababa’s road network extends for a total of 5,915km, compared with 5,365km in 2014. Meanwhile 2,616km of the city’s roads are surfaced with asphalt, around 44% of the total n
    Read More
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
    Read More

Highlighted Content