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China Helps Build Ethiopia’s First ExpressWay

China Helps Build Ethiopia’s First ExpressWay

CCTV Africa reported that Chinese Export and Import Bank helped Ethiopia build its first expressway connects its capital to the nearby city of the Dhamma. The project which began in April 2010 built a 80 kilometer basics carriageways that connect Ethiopia — a landlocked country — to Djibouti boosting transportation links in the region.

This is China’s first such project in Africa, a region its courting aggressively mainly for its natural resources such as oil and gas that are feeding its growing industries. Several local subcontractors and nearly five thousand Ethiopian workers were involved in the building of the road built the China communications Construction Company told CCTV Africa.

Phase two of the project is also getting underway and will see downtown Addis Ababa linked up to other towns at an estimated cost of $865 million, which will mostly be financed by China’s Export-Import Bank.