Ethiopia-Djibouti railway begins commercial operations - News Summed Up

Ethiopia-Djibouti railway begins commercial operations


ADDIS ABABA, Jan. 1 (Xinhua) — The Chinese-built 756-km electrified rail project connecting landlocked Ethiopia to Djibouti officially started commercial operations on Monday with a ceremony held in Ethiopia’s capital Addis Ababa. And we see this as a railway of development; as a railway of cooperation; and as a railway of friendship,” he said. The Addis Ababa-Djibouti railway project has been carried out with an investment of 4 billion U.S. dollars, and China’s Exim Bank has provided a loan. Speaking on his part, Djibouti Ambassador to Ethiopia, Mohamed Idriss Farah, said the railway project would have significant contribution to the economic integration between Djibouti and Ethiopia. “This is important corridor, important railways between Djibouti and Ethiopia; we are working for our economic integration between our two countries.


Source: Ethiopian News January 02, 2018 01:50 UTC



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