IL&FS Transportation Networks in Joint Venture with Elsamex SA, a wholly owned subsidiary of the company in Spain has won Ethiopian Roads Project worth Rs 1524.76 crore. Director General, Ethiopian Roads Authority has awarded the projects for development by the Joint Venture for a period of 8 years. The Project is funded by the World Bank and the estimated total contract value is $223.0 Million.
The contract is for Design, Improvement Works and Management and Maintenance Services of (i) Nekempte - Anger Gutin-Andhode Road Section (86.10 km) and (ii) Agamsa-Bure Road Section (84.56 km) on an Output and Performance Based Road Contract (OPRC).
IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.
