Ethiopia highway deal awarded to South Korean firm

South Korean contractor Hyundai Development has been awarded a major road project in Ethiopia. The firm will carry out the US$138 million project to construct a 143km road link between Ethiopia’s Tepi Region and Gore Region. The firm will commence construction activity in January 2019. The package of works was awarded to the firm by the Ethiopian Roads Authority. The project is important for Ethiopia economically as it will help develop trade and transport.