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

Related Content

  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Namibia airport road project
    December 2, 2021
    Namibia’s international airport will benefit from a new road link.
    Read More
  • Vietnamese road project underway
    December 8, 2020
    Work is underway on a key Vietnamese road project.
    Read More
  • New Tanzanian bridge project moving ahead
    August 2, 2019
    Tanzania’s planned Kigongo-Busisi Bridge will span part of Lake Victoria and improve transport connections for the country’s Mwanza Region.
    Read More

Highlighted Content