28.10.2014

Aarsleff wins project management contract in Ethiopia

Per Aarsleff A/S has entered into a contract with the Turkish company Yapi Merkezi Insaat ve Sanayi A.S. for the execution of part of a large railway project in Ethiopia.

Aarsleff’s project management contract comprises planning, logistics, procurement and inspection on part of the 400 kilometre-long railway section between the towns of Awash and Weldia.

The project will be constructed over the next 30 months. Denmark’s Export Credit Agency, EKF, is involved in the financing of the project.

Aarsleff is already working on large infrastructure projects in Mozambique and Tanzania.

See also announcement of 29 October sent to NASDAQ OMX Copenhagen in which the scope of the project is specified.