Addis Ababa August 08, 2016(WIC) -Prime Minister Hailemariam Dessalegn early today inaugurated the 4.2 billion Birr Municipal Expressway built in the suburb of the city.
The road which is part of the 84.6 kilometer Addis-Adama Expressway is believed to alleviate congestion and traffic accident along the Addis-Adama route.
The 28.1 kilometers and 60m wide expressway stretches from Lebu along Akaki to IT Park (Goro).
The project demonstrates the government’s commitment to develop transport infrastructures across the nation, Hailemariam said during the inaugural event.
The Premier indicated continued government effort to build road infrastructures which he said will immensely contribute to fast economic growth.
Huge portion of the nation’s budget goes to expanding road infrastructure, he said, urging stakeholders in fields of construction to promote quality based infrastructure development.
The contractor China Communications Construction Company Limited (CCCC) finalized the project six months ahead of the original schedule.
Chinese Ambassador to Ethiopia La Yifan on his part spoke of the significance of the project in terms of facilitating the expansion of investment in Ethiopia.
Some 75 per cent of the total project cost was obtained from the Export-Import Bank of China while the Ethiopian government covered the balance.
Chinese and Ethiopian officials attended today’s inaugural event. (ENA)