The Group Corporation Won the Bid One After Another Ethiopian Three Road Projects
Recently, the Group Corporation received one after another the written notices of three Ethiopian three road projects issued by Ethiopiam Road Bureau.
The three road items are loaned by the World Bank, they are: Assela-Dodola Road Upgrading Project, which is located in the south of capital Addis Ababa, and is connected with the NA road project which our company constructs. The road spans 117 kilometers, with double road surface, and is 7 meters wide, its bidding amount is US$44,000,000. Sherkole-Blue Nile Road Project, which is located in west of Ethiopia, the whole length is 71 kilometers and 6 metres wide, with debris road surface, the bidding amount is US$22,000,000. Blue Nile-Guba Road Project is located in west of Ethiopia, it spans 66 kilometers, with debris road surface and with road width of 6 meters, its nidding amounts to US$27,000,000 US.
Adding on the 2nd contract of Addis Ababa - Weldiya road resoration project which signed in May, the Group Corporation’s contracted road projects amount to US$150,000,000. All these projects also enable the Group Corporation’s contracted road projects in Ethiopia achieve 7, total amount have amounted to US$250,000,000.