Ethiopia to Build Roads and Power Projects at a Cost of $7 Billion
October 26, 2018 - Ethiopian office of the Public-Private Partnership (PPP) announced three new roads and 14 power supply projects at a cost of 7 billion USD, according to FBC report.
The three road projects announced are a 125km highway connecting Adama and Awash, a 72km highway connecting Awash-Mieso, and a160km highway connecting Mieso and Dire Dawa.
According to FBC, the power projects under plan are a-469MW Genale Daw 5, 100MW Genale 6, 280MW Chemoga 1&2, 424MW Halele Werabe, 798MW Dabus, 125MW Gad, 125MW Dichato, 100MW Mekelle, 100MW Humera, 150MW Wolenchiti, 150MW Weranso, 125MW Metema, and 125MW Hurso.
The projects will be launched this fiscal year after necessary tendering procedures are completed, according to Dr Teshome Tafese, director general of the office.
Ethiopia recorded one of the highest economic growth rates in Africa for thepast decade of so. The country has invested heavily in state-led infrastructure projects, including roads and railways connecting towns within the country as well as to neighboring countries. The country is also building Afric's largest dam, the Grand Ethipian Renaissance Dam (GERD), ove the nile river in Benishangul-Gumuz regional state.
Infrastructure activies slowed of late due to political instability and the profound changes the country went through in recent years.