World Bank approves 300 million dollars for urban transport in Ethiopia

World Bank, Tigrai Online, Ethiopian News, June 6, 2016

The World Bank Board of Executive Directors today approved a $300 million International Development Association (IDA) credit to improve mobility along selected corridors in Addis Ababa and the effectiveness of road safety compliance systems throughout Ethiopia.

The project aims to improve mobility in Addis Ababa and road safety countrywide. This will involve expanding the existing traffic signal and control systems in Addis Ababa and improving the conditions on selected streets for pedestrians, modernize the operations of Anbessa City Bus Enterprise, build the operational and managerial capacity and efficiency of urban transport agencies in dealing with urbanization and transportation and support the adoption of best practice methods of driver training and testing,  as well as establishing a secure database for driver and vehicle licensing country-wide.
“By helping to ease traffic congestion and develop a modern public transport system, this project will enable Addis Ababa to remain a great city in which to live and to do business,” said Carolyn Turk, World Bank Country Director for Ethiopia. “Expanding the current traffic signal and control systems and providing pedestrians amenities and modernizing vehicle and driver licensing systems will improve road safety.”

Source World Bank You can read the entire press release here