March 31, 2020
On March 30, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Federal Democratic Republic of Ethiopia in Addis Ababa to provide a Japanese ODA loan of up to 9.655 billion yen for the Ethiopia Integrated Transport Program Phase 1: Jimma-Chida and Sodo-Sawla Road Upgrading Project (Jimma-Chida Section).
The objective of the project is to improve connectivity, and reduce transport costs and travel times by upgrading the Jimma-Chida road section from a gravel road to an asphalt concrete road, thereby contributing to improved agricultural logistics and a better access to social and economic facilities. The project will contribute to the achievement of SDGs Goals 1, 8, and 9.
Details for the project are provided below.
1. Terms and Amount of Loan
|Annual interest rate (%)||Repayment
|The Ethiopia Integrated Transport Program Phase 1: Jimma-Chida and Sodo-Sawla Road Upgrading Project (Jimma-Chida Section)||9,655||0.01||0.01||40||10||General untied|
2. Executing Agency
Ethiopian Roads Authority
Address: P.O.Box 1770, Addis Ababa, Ethiopia
Phone: +251-1-551-5002, Fax: +251-1-54-4434
3. Planned Implementation Schedule
(1) Completion of project: August 2024 – when the road is put into service
(2) Issuing of letters of invitation for consulting services (including construction supervision): June 2017 (Already sent)
(3) Tender announcement of initial procurement package for international competitive bidding on project construction:
Procurement package title: Construction Works; Lot 1: Jimma-Chida
Release date: April 2020