Mereja Forum

[AbyssiniaLady]

Ethiopia-Djibouti railway generating 47.4 mln USD income in past five months



ADDIS ABABA, Jan. 9 (Xinhua) -- The Ethiopia-Djibouti Railway Share Company (EDR) has disclosed an income of 2.5 billion Ethiopian birrs (about 47.4 million U.S. dollars) for the past five months.

Abdi Zenebe, the chief executive officer (CEO) of the EDR, said the Chinese-built 752.7-km Ethiopia-Djibouti railway was able to transport more than 500,000 metric tons of cargo in the past five months, eventually generating 2.5 billion Ethiopian birrs in income, state-run Ethiopian News Agency (ENA) reported Monday.

The income was said to have about 600 million Ethiopian birr increase as compared to the same period of the previous Ethiopian fiscal year.

According to figures from the EDR, the railway's last five months' performance has augmented its contribution to the East African country's overall export and import trade from 11.2 percent to 15 percent.

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.

Zenebe said part of the railway's recent successes in its performance is due to its achievements in diversifying its services over the past years.

In August last year, the railway started vehicle shipment from ports in Djibouti to Addis Ababa, the Ethiopian capital.

Noting the huge movement of imported commodities from ports in Djibouti to central Ethiopia and exported items from Ethiopia to the rest of the world via ports in Djibouti, Zenebe said the first shipment of vehicles from Djibouti to Ethiopia signifies the EDR's commitment to diversify its transportation services.

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.

As the Ethiopia-Djibouti electrified railway significantly improves the freight market, the EDR said they are enriching services of the railway toward realizing the two countries' ambition of building an industrial and economic belt driving the economic and social development of the two countries.


https://english.news.cn/20230110/c00ead ... 9f5/c.html

[AbyssiniaLady]

Safety improved with no accidents recorded in 2021 & 2022, Somali State, the largest state through which the railway passes, also implemented the regulation on railway safety protection on August 25 2021.

[AbyssiniaLady]

Somali State Diri Dhaba Dire Dawa dry port and terminal inaugurated






Feb 2, 2023




Addis Ababa, February 2, 2023 (FBC) – The Diri Dhaba Dry Port and Terminal, built with a cost of 3.5 billion birr, was inaugurated today.

The port, which was built by CCECC (China Civil Engineering Construction Corporation), is said to have situated on 34.1 hectares of land.

It is stated that the Diri Dhaba Port has previously been providing services on the Ethio-Djibouti Railway-owned 0.5 hectares of land.

According to ENA, Diri Dhaba Dry Port has a terminal, warehouses, a three-story building offices, railway lines, and other vital facilities.

Moreover, the port has also two warehouses that accommodate parking for 140 vehicles at a time as well as a railway connecting the port with the Ethio-Djibouti railway line.

Federal government senior officials and other local and international guests have attended the inaugural ceremony of the the Diri Dhaba Port and Terminal.

It was also announced during the port’s inaugural ceremony that the Ethiopian Shipping and Logistics Services Enterprise (ESLSE) was rebranded into Ethiopian Shipping and Logistics (ESL).


https://www.fanabc.com/english/dire-daw ... naugurated