Savings in dollar for Ethiopia from seaport on the Red Sea
Posted: 21 Aug 2024, 17:26
Cost of a seaport on the Red Sea:
1. cost of lease of 19km stretch of land along the Red Sea annually
2. Cost of building the Sea Port per year
3. Cost of operation of the Sea Port per year
4. Cost of maintaining the security of the Port by the Ethiopia Navy per year
5. Sum of the above costs
Compare with:
6. the sum of money Ethiopia pays to Djibuti annually
7. Subtract 6 from 5= x is Ethiopia's gain or loss in having a Sea Port on the Red Sea
Will Abiy Ahmed disclose the cost-benefit analysis his gov carried out?
1. cost of lease of 19km stretch of land along the Red Sea annually
2. Cost of building the Sea Port per year
3. Cost of operation of the Sea Port per year
4. Cost of maintaining the security of the Port by the Ethiopia Navy per year
5. Sum of the above costs
Compare with:
6. the sum of money Ethiopia pays to Djibuti annually
7. Subtract 6 from 5= x is Ethiopia's gain or loss in having a Sea Port on the Red Sea
Will Abiy Ahmed disclose the cost-benefit analysis his gov carried out?