Over 23 billion birr road projects launched


Ethiopian Road Authority (ERA) awarded eight contracts for road construction projects to four local and five foreign companies. The agreements are worth 13.3 billion birr and will include 749km of asphalt roads in the Benishangul-Gumuz, Oromia, Amhara, Somali and SNNP regions.
The projects which are part of the second GTP are explicitly financed by the Ethiopian government. The Authority is expected to sign seven additional agreements worth more than 10 billion birr in the coming weeks.
At the signing of the agreement, last week, Habtamu Tegegne Director General of ERA stressed the need for completing the projects on time.
“The projects are going to add value to the socio-economic lives of the residents,” said Tegene, “when we make quality roads on time taxpayers will be satisfied.”