Enterprise Bags 192m Br in Half Year

Jan 11 , 2020

The Ethiopian Toll Roads Enterprise generated 192 million Br in revenue during the first six months of this fiscal year.

The Enterprise earned the income from the Addis Abeba-Adama Expressway and the Dire Dawa-Dewelle Toll Road through which over 4.5 million cars used the roads in the reported period, as well as from advertisement revenue.

Out of the total revenue, the Enterprise collected 10.3 million Br from renting spaces for advertisements and offering tow truck service. 

Traffic accidents on the roads have declined by half, from 12 to six compared to last fiscal year's same period.  

The Addis Abeba-Adama Expressway, the first toll road in the nation, was inaugurated five years ago and was constructed with 11.2 billion Br. The 31m-wide, six-lane expressway took five years to complete and shortened the total travel time between the two cities from two hours to 45 minutes.

The second toll road of the nation, which stretches from Dire Dawa to Dewelle covering 223Km with asphalt, was inaugurated last June.


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