Addis Ababa, November 5 (WIC) - A newly established transport company, Alliance Transport S.C., is to introduce a modern city transport service here.

According to AfricaNews, the company is to import 100 to 120 buses from Europe to begin operations in Addis Ababa.

The company founding members told the media over the weekend that their service includes non-stop service en route long distant roads.

The new company also plans to give transport service based on a fixed-time departure and arrival schedules at major spot areas in Addis Ababa.

Currently, the company is in negotiations with three European companies to buy the buses and plans to run public, school and freight services.

The chairman of Alliance transport, Adil Abdella, said the company is hoping to collect 150 million birr within six months in order to bring over the first batch of 100-120 single and double-decker vehicles.

The transport company has a plan to construct parking areas and bus stop throughout the city for the vehicles that will accommodate almost 100 passengers. The buses should have GPS online tracking systems to ensure the service runs on time.

The company was founded by 12 shareholders with experience in various fields, including marketing, engineering, technology, commercial administration, and industrial work. Well-known Ethiopian artist and philanthropist, Chachi Taddesse, is one of the founding members of the firm.

"We established this transport company to bring other countries' experience of transport services to Ethiopia. This is one way of contributing to society: to offer safer, quality and reasonably priced bus services to the public," Chachi said.