Daewoo Construction Officially Opens Ethiopia Highway... Expanding African Market
Prospects for Contributing to the Expansion of Ethiopia's Maritime Logistics Network
Daewoo E&C announced on the 14th that the main section of the Meki-Zeway Expressway, completed in Ethiopia, was officially opened on the 8th.
The Meki-Zeway Expressway is a total of 37 km of four-lane road connecting the Meki area and the Zeway area in Oromia, central Ethiopia. It is a key section of the Modjo-Hawassa Expressway construction project, which connects Ethiopia to Kenya. The completion of two connecting roads, each 4.6 km long, is scheduled to be finalized by the end of June this year.
Through this, it is expected that Ethiopia's maritime logistics network will expand, and together with the recently opened Kazungula Bridge in South Africa, which was also completed by Daewoo E&C, the competitiveness of logistics infrastructure in sub-Saharan Africa will be further strengthened.
Daewoo E&C has built a diversified business portfolio in several African countries, including Nigeria, Algeria, and Libya, covering civil engineering, architecture, and plants. By opening the Meki-Zeway Expressway, its first project in Ethiopia, the company is evaluated to have solidified its position in the sub-Saharan African construction market.
A Daewoo E&C official said, "The Meki-Zeway Expressway is especially meaningful as it is the first project Daewoo E&C has won in the Ethiopian construction market," adding, "Daewoo E&C plans to expand its market across Africa, including Kenya and Tanzania, alongside its existing projects in Africa."
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Meanwhile, the opening ceremony was held near the Meki-Zeway Expressway site, attended by Ethiopian Prime Minister Abiy Ahmed Ali, Korean Ambassador to Ethiopia Kang Seok-hee, and officials from related organizations.
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