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ETRE

It is known that the Government of Ethiopia is undertaking vast and numerous developmental programs to achieve the Growth and Transformation Plan (GTP) series laid out for the holistic renaissance of the country. The Addis Ababa – Adama Expressway (AAE) is one of the construction mega projects developed as part of GTP-I which is open for traffic and administered by the Ethiopian Toll Roads Enterprise. Other expressways (Modjo-Hawassa and Adama-Awash) are underway and many more are planned for future development and operation in line with the dynamic socio-economic development of Ethiopia.

Ethiopian Investment Holdings (EIH) continued its 2018 EFY performance review with the Ethiopian Toll Roads Enterprise (ETRE).

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  • Ethiopian Investment Holdings (EIH) continued its 2018 EFY performance review with the Ethiopian Toll Roads Enterprise (ETRE).

Ethiopian Investment Holdings (EIH) continued its 2018 EFY performance review with the Ethiopian Toll Roads Enterprise (ETRE). Provisional reports indicate ETRE generated 2.3 billion ETB in revenue and 1.47 billion ETB in profit before tax.

EIH recommended that ETRE focus on increasing traffic volumes, exploring investment opportunities to diversify revenue streams, enhancing technology, improving road safety, ensuring timely maintenance, and swiftly reopening roads during emergencies.

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