Investor Cubed is pleased to forward an article regarding Allana Potash Corp. (TSX: AAA) featured in Ethiopian Business News.
Highlights of the Article Include:
- The Abala Shaigube asphalt concrete road project, (63 km) expected to make the potash deposits in the Afar region of Ethiopia accessible, is 37% complete according Shabbir Hussain, Head of the Contract Administration Division at Sur Construction.
- The project started in 2010 is expected to becompleted early next year at a cost of 707 million birr.
- The current road is expected to extend into subsidiary projects, including the Berhale-Dalol road and the Agula-Shaigube-Berhale road, each expected to be 70 kilometers.
To read the full article, please click here.
Farhad Abasov, CEO further comments:
- In addition to the current road project, there is a 180 km road currently in service north from the main Addis-Djibouti highway to Afdera.
- Mr. Abasov flew over the road already in place, as well as the road currently under construction, in early February.
- He describes the Abala Shaigube road as well built, with structures in place, and paving underway on a few sections.
If you have any questions, or would like to meet with Allana's management team, please contact Investor Cubed at
647 258 3311 or info@investor3.ca.
|