Ethiopia Roads Authority (ERA) has announced plans to improve the condition of its roads in an attempt to improve the transportation of goods and people. Near 15,000 km roads are assessed to assess their condition and how they can be improved to make road transport easier. The Ethiopian government has brought forward major changes in the transport network that increase the convenience of doing business in the country. These roads are intended for rejuvenation.
More than 3,000 km of roads are being constructed to improve the accessibility of the countryside. Poor infrastructure was an obstacle to the development and growth of remote areas that led to unbalanced progress in the nation. Many rural areas have been designated to provide promising markets for businesses, but poor infrastructure such as poor road networks and electricity have brought the plans of potential investors to a halt in such locations. The government's efforts should go a long way to relaunching the hopes of entrepreneurs and investors to find new markets.
One of the most important factors that many East African countries had to take into account in their new fiscal year was infrastructure development to support trade activities. The movement of goods from border to border met the challenge of poor transport networks that slow down goods and service deliveries. Well-maintained roads ensure that quality goods are delivered at the right time to prevent delays in the company. It will also stop traffic and limit congestion in large cities.
The road projects are completed in four years and the estimated budget is $ 1.5 billion. As the economy is open to foreign investors, the need for such steps to catalyze companies is necessary. This will strengthen investor confidence if they are looking for a larger market with a reliable transport network system. Ethiopia's road network has improved every year.