transportation system

transportation system

DireTube News - World Bank Supports the Expansion of Efficient and Safe Transportation Systems

1d ago
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DireTube News - World Bank Supports the Expansion of Efficient and Safe Transportation Systems The World Bank Group’s Board of Executive Directors today approved a US$370 million credit, to help the government of Ethiopia further expand its transportation system and provide safe and efficient roads to its citizens. The limited size and poor quality of roads has been a major constraint to economic growth and poverty reduction in Ethiopia. To address this challenge, the Government of Ethiopia, (GoE) with support from several development partners including the World Bank launched the Road Sector Development Program (RSDP) in 1997. Under RSDP, Ethiopia’s road network has more than tripled from 26,550 km to 99,522 km today, and 70 percent is now in good or fair condition compared with 22 percent at the start of the program. Despite these achievements, the road network has not kept up with the needs of Ethiopia’s fast growth and economic transformation. The sector also still faces several constraints including high traffic congestion and high accident rates. DireTube is the Largest online Media in Ethiopia Since 2008