Ethiopia and South Sudan are set to embark on the construction of a 220 km cross-border highway, with the project costing an estimated $738 million. This ambitious infrastructure initiative aims to enhance connectivity and strengthen economic ties between the two nations.
Official Announcement and Agreement Ratification
The Ethiopian Ministry of Foreign Affairs announced the project in a statement released on Thursday, June 27, 2024. The Transitional National Legislative Assembly (TNLA) of South Sudan has already ratified the funding agreement for this project, which was signed in May by both countries.
Economic and Connectivity Goals
“The project seeks to improve connectivity and solidify economic links between Ethiopia and South Sudan,” emphasized the Ethiopian Ministry of Foreign Affairs. The agreement will now be presented to South Sudanese President Salva Kiir for final approval.
Funding Details
While the ministry highlighted the project’s goals, it did not provide specific details about the source of the funding required for this major infrastructure project.