Mereja.Forum

[gearhead]

I say yes! There is no longer a certainty over its revenue stream. Massive instability in Ethiopia whose Crisis Group Report is grim, and whose credibility viability is projected dismal. Furthermore, there is now competition in the horizon.

Such being the case,Djibouti should restructure its debt portfolio so that it pays off all its debts in 1 to 2 years.

[DefendTheTruth]

I say yes! There is no longer a certainty over its revenue stream. Massive instability in Ethiopia whose Crisis Group Report is grim, and whose credibility viability is projected dismal. Furthermore, there is now competition in the horizon.

Such being the case,Djibouti should restructure its debt portfolio so that it pays off all its debts in 1 to 2 years.

If you talk about horizon, then do you even now remember how the same horizon was grim last summer, specially after the death of Hachalu Hundessa and many were readying themselves to have their day after "Ke Meskerem 30 buahala"?

A business with a country of 120 millions is a bonanza that any simple head with a bit of free air to circulate in it shouldn't miss.

Djibouti can drop us at its will, we shouldn't pay even a penny more, but then there are those who will gladly pick us up before we touch the ground.
Ethiopia is going to be the force to reckon with, if you care about yourself, then pick it up, for your own sake.

Ethiopia will challenge very soon the likes of powers in Europe and no more a match with some tiny states in the horn of africa region.

Only the bright days of Ethiopia will be in the horizon for her, not your grim outlook of it any more, try to come into terms with that reality.

[Za-Ilmaknun]

I say yes! There is no longer a certainty over its revenue stream. Massive instability in Ethiopia whose Crisis Group Report is grim, and whose credibility viability is projected dismal. Furthermore, there is now competition in the horizon.

Such being the case,Djibouti should restructure its debt portfolio so that it pays off all its debts in 1 to 2 years.

What a wonderful advice from such a concerned Ethiopian!
Don't you worry...all our import/export business will be handled through Eritrean Ports soon. and Djibouti will perpetually be a site for Military basis of whoever has some millions to offer for the lease. Win-win? guess so Why did Djibouti awarded its highest medal to General Julla, though?

[Roha]

Djibouti and its ports will be history soon, as a foreign legions military garrison. On the Eritrean side, there is one thousand kilometer of sea coast that will be available soon to Ethiopia. Issaias and Abiy were waiting for the Woyanies to get out of the picture. In few months, you will see the blue print with a bright future for both nations.

[Fiyameta]

I say yes! There is no longer a certainty over its revenue stream. Massive instability in Ethiopia whose Crisis Group Report is grim, and whose credibility viability is projected dismal. Furthermore, there is now competition in the horizon.

Such being the case,Djibouti should restructure its debt portfolio so that it pays off all its debts in 1 to 2 years.

I remember the days when you illiterate agames were paying one billion dollars a year to use Djibouti's port services-- a payment you made directly to the UAE that has leased Djibouti's port for 30 years. Half of the one billion dollars was later given to Eritrea by the UAE as parking fees for its naval, air force, and (your agame's favorite ) drone fleet, docked at the Assab Port.

[AbyssiniaLady]

Za-Ilmaknun..

I can't tell if you are joking or not but Eritrea is a country where time has stood still since 1930, Massawa and Assab ports are equipped with outdated infrastructure, technologies and outdated navigational aids, lack of proper logistics companies, lack of proper equipment handling training and technical expertise, lack of deep sea water port to host larger modern container ships etc, Basically everything, Cargo ships spent an average of 15 days in Massawa port, compared with less than 24 hours in Djibouti, Time is money and Djibouti port which is vital to the Ethiopian economy is one of only a few African ports capable of handling the largest of the current generation of ships in couple of hours.

Ethiopia would be shooting itself in the foot if it return to Eritrean outdated ports.

(God has mercy on Eritrea, It's a country where time stands still)


Anyway, we need to get this out of our heads that Djibouti is relying on unstable Ethiopia more than the other way round, Djibouti really doesn't need us as much as we need them, Its ports are transshipment hub.

[gearhead]

DT, thanks for the advice. Alas, PM Abiy's dreamy and bamboozling economics doesnt appeal to me: no more than christian cults trying to walk in ocean waters. growth &inflation will always lay on xy chart with a positive slope. As for 'not paying a penny more'...yes, defiance is a choice.

Zailmaknun, roha
need i say more then? Except that now, we have to consider how the addis-djibouti rail and adjacent dry ports have to pay for themselves while building an asab-addis rail. Add to that the billions needed to get assab to scale...plenty of self-reliance and abichu chufa voodooo needed as it would be hard going. But good luck!

[sarcasm]

I'm enjoying your sarcasm : )

[Zmeselo]

Ethiopia will do tho, ¢25 hater sharmutiella!



Mining And Port Development To Drive Eritrea's Long-Term Growth
Key View: Eritrea will post solid if not spectacular growth over the next 10 years, driven by mining, port development and other infrastructure work as improved sub-regional relations lead to an increase in opportunities for economic cooperation..... https://www.fitchsolutions.com/economic ... 16-07-2019

Za-Ilmaknun..

I can't tell if you are joking or not but Eritrea is a country where time has stood still since 1930, Massawa and Assab ports are equipped with outdated infrastructure, technologies and outdated navigational aids, lack of proper logistics companies, lack of proper equipment handling training and technical expertise, lack of deep sea water port to host larger modern container ships etc, Basically everything, Cargo ships spent an average of 15 days in Massawa port, compared with less than 24 hours in Djibouti, Time is money and Djibouti port which is vital to the Ethiopian economy is one of only a few African ports capable of handling the largest of the current generation of ships in couple of hours.

Ethiopia would be shooting itself in the foot if it return to Eritrean outdated ports.

(God has mercy on Eritrea, It's a country where time stands still)


Anyway, we need to get this out of our heads that Djibouti is relying on unstable Ethiopia more than the other way round, Djibouti really doesn't need us as much as we need them, Its ports are transshipment hub.

[Zmeselo]

Peace dividend: Eritrea to build a new port by 2025

29 August 2018
Eritrea has announced plans to capitalize on its recent peace treaty with Ethiopia by building a port to export potassium.... https://www.globalconstructionreview.co ... 20Ethiopia.


____________________




COMMENT: With relations between Eritrea and Ethiopia now back in positive mode - after a 20-year dispute - the Eritrean ports of Assab, in the south of the country, and Massawa in the north are the focus of strong interest from international port operators, writes Mike Mundy.... https://www.portstrategy.com/news101/in ... ts-options

[gearhead]

Indeed!! DPs 2018 projections would have Assab as an expansionary portfolio to relieve its congested Djibouti operations.

Wonder what the 2021 proforma would show in a shrinking market? Two operations at a canibalizing civil war?sort of DP Corporate የቀን ጅቦች?