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- ARBA RAKATI - GELEMSO - MICHATA ROAD UPGRADING, Lot 1 "Arba-Rakati-Gelemso"
ARBA RAKATI - GELEMSO - MICHATA ROAD UPGRADING, Lot 1 "Arba-Rakati-Gelemso"
Ethiopia
| Borrower | Ethiopia |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 20.03.2013 |
| Signed | 30.05.2013 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | Ethiopia Road Authority (ERA) |
| Co-financiers | BADEA, SFD, GOV. |
| OPEC Fund Contribution (US$m) | 20.00 |
| Total Project Cost (US$m) | 47.50 |
The primary objective of the project is to contribute to the economic development of the country through the upgrading of the gravel Arba Reketi - Gelemso Road, which traverses areas where important cash crops are cultivated. Project works will include: paving of a 57.5 km stretch of gravel road installation of drainage works and road safety devices construction of bridges consultancy services The project will improve services and agricultural and trade activities in the project area, and in turn help boost revenues and improve food security for around one million individuals.