Market News
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Ethiopia: ERA Plans to Construct and Maintain 23,000 Kilometers of Road
Posted on :Thursday , 4th August 2016
Ethiopian Roads Authority (ERA) aims to construct as well as maintain around 23,000 kilometers of road across Ethiopia during the just started fiscal year.
Commenting the plan Dereje Hailu, Communication Team Leader at ERA, said the Authority aims to upgrade and build new roads that stretch for 1,846 kilometers. Regarding maintenance, the Authority would maint. . .Ethiopia: Gore-Teppi Road Project Gets Parliamentary Nod for U.S.$127 Million Korea Loan
Posted on :Thursday , 4th August 2016
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.Tanzania: Three Ports to Undergo Major Expansion
Posted on :Tuesday , 2nd August 2016
Lindi — Tanzania Ports Authority (TPA) has begun improving infrastructure at Mtwara, Lindi and Kilwa ports to prepare them for the emerging economic opportunities brought by oil and gas finds in southern regions.
Mtwara Port Manager, Stella Katondo, said the ports are also set to serve products manufactured in industries in the two sister regions of Mtwara and. . .Tanzania: Major Flyover Construction to Begin This October
Posted on :Thursday , 28th July 2016
Actual construction of the longawaited flyover at the junction of the Nelson Mandela Expressway and Nyerere Road in Dar es Salaam is set to begin in October, this year, it was revealed yesterday.
The Resident Engineer from Oriental Consultants Global, Kiyokazu Tsuji, told this paper in Dar es Salaam that currently the contractor is preparing diversion roads before t. . .Tanzania: Construction of Central Railway Begins As Dar, Beijing Sign MoU
Posted on :Tuesday , 26th July 2016
Construction of a 2,190-kilometre central railway line to standard gauge has begun after the government signed a Memorandum of Understanding (MoU) with Exim Bank of China in Dar es Salaam yesterday.The agreement involves forming technical teams from both sides to oversee various issues regarding the whole construction process and other administration matters. T. . .Please Select an Option
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