POWr Social Media Icons

Friday, January 27, 2012

The Ministry of Finance and Economic Development (MoFED) is to find out
if it will obtain financial support for the Mojo-Hawassa (Awassa) toll road project from the Korean government in the coming two months, Capital learnt.
Tilahun Tadesse, Director of Governments’ Cooperation Directorate of MoFED, told Capital that the ministry office that requested financial support from South Korea for the new expressway project in November 2011, believes support will be obtained shortly. “We informed them that we need to secure the finance straight away to enter into the project within a short period,” the director said. “Even though there needs to be political commitment from Korea, we expect to get final approval in two months time,” Tilahun added.
The director indicated that the solicited money is substantial but he declined to disclose the exact amount.
He also said that it is hard to determine how much progress has been made so far.
The Ethiopian Roads Authority (ERA) is currently conducting a feasibility study to construct a parallel toll road that will stretch from Mojo to Hawassa. The study will help undertake a detailed design work of the new expressway that is assumed by ERA’s own staff.
The Southern Nation, Nationalities and Peoples’ Regional State capital, Hawassa, is 200 Km south of Mojo town and Mojo is 73 Km east of Addis Ababa. This 200 Km expressway is to become major high traffic highway like the 99 Km Addis-Adama road.
The Addis-Adama toll road, which is Ethiopia’s first expressway, is currently under construction by China Communications Construction Co (CCCC) at a cost of USD 612 million.
Recently, ERA officials told Capital that the traffic flow on the route from Mojo to Hawassa is increasing. “This is the reason to launch the feasibility study for the new expressway,” they said.
With only one defeat in eight weeks the second palced Adama Town travels to Sebeta, 25km from the capital to visit Mugher Cement while Ethiopian Coffee faces Sidama Coffee in Yirgalem today. 
After facing a shock home defeat to visitors Hara Brewery, Adama Town surrendered top spot to seat second on the table with 13 points from eight matches. With the visitors tasting the season’s first defeat today’s showdown against strong side Mugher Cement is dearly awaited among the football crazy town people. Two wins in a row to climb to 12 points from eight matches defending champion Ethiopian Coffee visits Sidama Coffee, not yet settled side compared to last year’s performance. The Coffee derby has become a famous showdown among the home fans and this is the first clash since Coffee from the capital took title for the first time in the league’s 14 years history. Three matches in hand yet galloping to the top Saint George is once again for an away match this time against Tsegaye Kidanemariam’s side Harar Brewery. Lately becoming nick named “Brewery derby”, it is a much awaited clash for both sides looking up to the table from far that is five points. Yet to grab its first premier league win Air Force is back home after a shocking 4-0 defeat at the hands of league leaders Electric to face equally shell shocked Defense Force haunted by 2-1 home defeat to visitors Hawassa Town. Head coaches Ashenafi Bekele and Kifle Boltena both bewildered what to do about their misery are expected to field the best of their respective squad to take all three points along with a space to breathe.