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- Where we work
- HAMUSIT-ESTIE ROAD UPGRADING PROJECT
HAMUSIT-ESTIE ROAD UPGRADING PROJECT
Ethiopia
| Borrower | Ethiopia |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 03.06.2016 |
| Signed | 09.11.2016 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | Ministry of Transport through Ethiopian Roads Authority |
| Co-financiers | BADEA, Government |
| OPEC Fund Contribution (US$m) | 20.00 |
| Total Project Cost (US$m) | 44.00 |
To improve connections along a 77km-long stretch in the South Gondor Zone, a key agricultural production area. This will enhance farmers’ access to markets, reduce travel costs and time and enable the 500,000-strong population to reach social services more efficiently.