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The OPEC Fund
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  2. Makenajo-Nejo Road Project

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Makenajo-Nejo Road Project

Ethiopia

Borrower Ethiopia
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 17.06.1999
Signed 03.01.2000
Status Completed
Loan Administrator OPEC Fund
Executing Agency Ethiopian Roads Authority
Co-financiers Government
OPEC Fund Contribution (US$m) 10.00
Total Project Cost (US$m) 12.60

This 59 km-long important trunk road that passes through fertile agricultural land will be upgraded to all-weather, double bitumen standard. The improved transport opportunities and facilitated movement of produce will benefit not only the 500,000 inhabitants in the project area but also outlying food deficit regions.

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