ERA, Chinese company sign accord for
construction of over 8 billion birr worth road
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Addis Ababa, June 27, 2009 (Addis
Ababa) -The Ethiopian Roads Authority (ERA) signed agreement with a Chinese
company for construction of new asphalt road from Addis Ababa to Adama at a
cost of over eight billion birr. The road which starts from Tulu Demtu area
of Akaki sub-city crossing Dukem, Bishoftu, and Modjo towns will be 80-km
long. The road is believed to ease high traffic
from Adama to Addis Ababa, which is the main route for the nation's import
and export trade. The agreement will include construction of
roads linking the new road with the existing road in Dukem, Bishoftu, Modjo
and Adama towns. Construction of the road becomes finalized
after four years. Some 350 million USD of the total cost of
the construction work will be covered by the Chinese Exim Bank through loan
and the balance by the government of Ethiopia. ERA’s Director General, Zaid Wolde Gebriel
and Chinese Communication and Construction company Ethiopia manager have
signed the agreement. In an exclusive interview with ENA, the
director said the road is a pioneer and modern in history of Ethiopian road
construction. He said the road will provide safe and
speedy service. The new road will enable to reduce the journey from Addis
Ababa to Adama to one hour from about three hours |