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[Aug 2017] China Railway Sevens Group Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Third Expressway to be constructed in Ethiopia

The Ethiopian Roads Authority (ERA) is considering only Chinese companies for the construction of the nation’s third expressway, which will extend the Addis-Adama Expressway, with an estimated cost of 12 billion Br it secured from the EX-IM Bank of China.

For the project, the Authority re-announced a non-inclusive tender, only inviting Chinese construction firms. ERA announced the tender on June 1, 2017, in the daily state newspaper, The Ethiopian Herald.

The government has already secured the finance for the 120km

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Ethiopian Roads Authority Awards 4.8b Br Projects

Ethiopian Roads Authority (ERA) has awarded a 4.8 billion Br project to four companies, one local and three foreign, and subsequently signed a contract on March 21, 2015.

Two of them are in the Amhara regional state whereas the remaining two are in the Oromia and Southern regional states.

Three of the projects will be fully financed by the Ethiopian government and the other will be financed in collaboration with the Arab Bank for Development in Africa and OPEC Fund for International Development (OFID).

Of these, a

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