Yemen’s Public Works and Highways Ministry has invited companies to submit bids for a contract to build a section of the road from Rayyn bin Aifan road, in the Sahel Hadramout area of Yemen.
Contractors have until 30 June to submit bids for the contract, which will involve rebuilding the Abdullah Gharib section of the Rayyn bin Aifan road.
The project is being funded by the International Development Association (IDA) as part of the Flood Protection and Emergency Reconstruction Project (FPERP). The project is targeted towards rehabilitating road infrastructure damaged by floods and protecting residents and economic activities from future flooding.
In April, the IMF approved a $93.75m loan to Yemen to support its economic recovery programme. The political unrest that swept through Yemen in 2011, resulting in the eventual resignation of President Ali Abdullah Saleh in February this year, led to its gross domestic product (GDP) shrinking by 2.5 per cent in 2011. A lack of bank financing and damage to key oil pipelines has further hampered its economy.