World Bank part funding new Ethiopian road connections

In Ethiopia the construction of two new road links will be carried out by Chinese and Spanish contractors. The Ethiopia Roads Authority (ERA) awarded a contract worth close to US$48 million to Hunan Huanda Road and Bridge Corporation of China to build a 48.3km road in the south of the country. The work will take 29 months to complete. Two Spanish firms meanwhile will work together to carry out a $60.6 million contract in Ethiopia’s Oromia State. This project is for a 63km road connecting Ambo with Walliso.
October 21, 2014 Read time: 1 min
In Ethiopia the construction of two new road links will be carried out by Chinese and Spanish contractors. The Ethiopia Roads Authority (ERA) awarded a contract worth close to US$48 million to Hunan Huanda Road and Bridge Corporation of China to build a 48.3km road in the south of the country. The work will take 29 months to complete. Two Spanish firms meanwhile will work together to carry out a $60.6 million contract in Ethiopia’s Oromia State. This project is for a 63km road connecting Ambo with Walliso. A loan from the World Bank will be combined with Ethiopian Government funding to pay for the $108.5 million worth of work to be carried out on the two road projects.
Road Structures Finance & Funding

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