Road Projects

ከ5.6 ቢሊዮን ብር በላይ በሆነ ወጪ የሰባት መንገዶችን ደረጃ ለማሳደግና ለመገንባት የሚያስችሉ የኮንትራት ስምምነቶች ተፈረሙ፡፡

ግንባታቸው በአገር በቀል ተቋራጮች የሚካሄደው የፕሮጀክቶቹ ወጪም

ሙሉ በሙሉ በኢትዮጵያ መንግስት የሚሸፈን ነው፡፡

የሁለተኛው የእድገትና ትራንስፎርሜሽን እቅድ የመንገድ ዘርፍ ልማት መረሀ-ግብር አካል የሆኑት የነባሩን የአዲስ – ሞጆ – ሻሸመኔ – ሐዋሳ እና የአዋሽ – ሚሌ የመንገድ ፕሮጀክት ኮንትራት ሦስትና አራት እንዲሁም ሶሮቃ – ኢርጎዬ – አብርሃጂራ፣ አይካል – ዙፋን – አንገረብ እና በለስ-መካነብርሃን የመንገድ ፕሮጀክቶች ኮንትራቶችን ደረጃ ለማሳደግና ለመገንባት የሚያስችሉ የኮንትራት ስምምነቶች ዛሬ ግንቦት 18 ቀን 2008 ዓ.ም በባለሥልጣኑ የመሰብሰቢያ አዳራሽ ተፈረሙ፡፡Read more

7 projects

Addis Ababa City Spends Big on Roads

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The road sector continues to enjoy the largest share of the budget from the Addis Ababa City Administration. For almost five years now, the sector has been allotted a large amount of money, surpassing investments in other sectors.

The road sector took the lion’s share of this fiscal year’s budget, with 5.5 billion Br out of the total 35.4 billion Br budget. The figure, though large, has seen a decline in comparison with the previous two fiscal years’ budget for roads – 5.7 billion and 5.8 billion Br.Read more

Ethiopia launches new railway to Djibouti

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The new railway line is expected to cut the journey time to under 10 hours. Ethiopia is seeking to have 5,000 km of new lines working across the country by 2020.Read more

 

Improved access for Ethiopia: opening the Addis Ababa-Djibouti line

Soon after unveiling the first urban light railway in sub-¬Saharan Africa, Ethiopia accelerated the progress of its flagship project, a 700 km railway linking its capital Addis Ababa to the port of Djibouti. Due to become fully operational later this year, the link aims to provide landlocked Ethiopia with improved railroad access to the sea and is anticipated to have a dramatic impact on the country’s socio-economic development.

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In 2015, during the first ever visit of a US president to Ethiopia, Barak Obama described Africa as the continent with the greatest potential to become “the next center of global economic growth”.Read more

Addis Ababa – Djibouti Line: an exciting development

Ethiopia has long suffered from a lack of railway infrastructure across its territory. Its first meter-gauge railway, built by the French in the 1890s, has over time deteriorated due to lack of maintenance, cutting Ethiopia’s direct access to the port of Djibouti. Today, Ethiopia still accounts for around 70% of the trade through the port, but all freight transportation relies on trucking.

Now, after a three-year long construction process, the nation’s biggest railway infrastructure project is on track to officially begin operating this year.Read more

Gaining the trust of foreign investors

“We are a niche market in a good geographical position,” said CEO of the Ethiopian Railways Corporation (ERC) DrGetachewBetru in an interview with The Worldfolio. “This is why the railway mode of transport is called a game changer.”

“A few years ago nobody took us seriously. […] The reputation of Ethiopia with the drought, war and famine did not play in our favor. We had to articulate our case very carefully, addressing the issues of bankability,” he said.Read more

Game-changer: the economic impact on Ethiopia

The Addis Ababa – Djibouti line falls within the Ethiopian government’s ambitions to transform the Horn of Africa nation into a middle-income country by 2025. After an average economic growth of more than 10% of GDP over the past decade, one of its aims is to have 5,000km of new-built rail lines working across the country by 2020.

“It is difficult to think of rapid economic development, industrialization and international competitiveness without efficient, high quality and modern transport infrastructure,” said Minister WorkinehGebeyehu at the 8th Ethio-Djibouti Railway Project Joint Commission meeting.Read more

Preparing future generations of rail professionals

However, the nation’s ambitions stretch beyond just this railway project. Ethiopia also keeps a close eye on its green credentials and its focus on the rapid transition from road to rail falls within this common international goal.

In April last year, Ethiopia put forward three Nationally Appropriate Mitigation Actions (NAMAs), a tool developed under the UN Framework Convention on Climate Change (UNFCCC) for developing countries to contribute towards global climate change efforts while moving forwards with their development in a sustainable manner.Read more

 

New transport system project launched at a cost of USD 300 mln

Securing a credit worth some USD 300 million from the World Bank (WB), a new transport improvement project dubbed “Ethiopian Transport System Improvement Project (TRANSIP)” has been officially launched on Thursday.

The project, according to both the WB and the Ethiopian government, is expected to modernize and create a well-managed transport system in the country. Kick-starting TRANSIP, AbdissaYadeta, state minister of Transport said that in a country where there are as little as 708,000 vehicles (only registered amount) and out of which some 426,000 are driven across the streets of the capital, there have deaths, injuries and property damages for years. According to the state minister, out of 100,000 individuals 64 are losing their lives due to vehicle accidents in the country. Read more

Ethiopia: Gore-Teppi Road Project Gets Parliamentary Nod for $127m Korea Loan

Ethiopian Parliament, during its extraordinary session last week, approved a 127-million-dollar loan agreement with the Korea EXIM bank for the Gore-Tepi road connectivity improvement project.

The poor condition non-paved road is planned to be upgraded to an asphalt concrete road at an average cost of nearly a million dollars a km.

This stands way behind the record high MelkaJebdu to Dire Dawa road project, which cost 63.5 million dollars a km.

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While the Bank will hold back nine million dollars as a service charge, the remaining 30 million dollars will be financed by the government.

The whole loan is to be repaid in full in four decades, with an interest rate of 0.01pc. Read more


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