Ethiopia-Djibouti railway generating $47.4m income in past five months - News Summed Up

Ethiopia-Djibouti railway generating $47.4m income in past five months


Xinhua | Updated: 2023-01-10 10:50Passengers board a train on Addis Ababa-Djibouti Standard Gauge Railway in Addis Ababa, Ethiopia. [Photo/Xinhua]ADDIS ABABA -- The Ethiopia-Djibouti Railway Share Company (EDR) has disclosed an income of 2.5 billion Ethiopian birrs ($47.4 million) for the past five months. Some of the major export and import commodities transported by the Ethiopia-Djibouti railway included fertilizers, edible oil, wheat, and vehicles, according to the EDR. In August last year, the railway started vehicle shipment from ports in Djibouti to Addis Ababa, the Ethiopian capital. The Ethiopia-Djibouti standard gauge railway, contracted by China Rail Engineering Corporation (CREC) and China Civil Engineering Construction Corporation (CCECC), is the first transboundary railway on the African continent.


Source: Ethiopian News January 10, 2023 03:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */