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AbyssiniaLady
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Ethiopia-Djibouti railway a road to prosperity: Ethiopian minister

Post by AbyssiniaLady » 04 Jul 2023, 16:04

Ethiopia-Djibouti railway a road to prosperity: Ethiopian minister




One of seven major ports in Djibouti.



2023-07-04


The Chinese-built Ethiopia-Djibouti standard gauge railway has operated over 1,800 passenger trains with nearly 530,900 passengers during its five and half years of operation, according to the Ethiopian Minister of Transport and Logistics.

The 752.7-km railway, also known as the Addis Ababa-Djibouti railway, is a landmark railway line connecting Ethiopia and Djibouti and a flagship project under the framework of the Belt and Road Initiative.

"The Addis Ababa-Djibouti railway is not only a transportation line, but also an economic corridor and a road to prosperity. It has opened up a railroad corridor to the sea for Ethiopia, effectively driving the development of industrialization and urbanization along the route," said Alemu Sime, Ethiopian Minister of Transport and Logistics.

The electrified railway has cut the transportation time for freight goods from more than three days to less than 20 hours, and reduced the cost by at least one-third, helping the landlocked country access maritime trade ports.

It has helped Ethiopia, a land-locked country in the Horn of Africa, access international maritime trade through ports in neighboring countries.


https://english.news.cn/20230704/ecb9e6 ... 9bf/c.html
Last edited by AbyssiniaLady on 04 Jul 2023, 16:12, edited 2 times in total.

Tog Wajale E.R.
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Re: Ethiopia main economic lifeline

Post by Tog Wajale E.R. » 04 Jul 2023, 16:04

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AbyssiniaLady
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Re: Ethiopia-Djibouti railway a road to prosperity: Ethiopian minister

Post by AbyssiniaLady » 04 Jul 2023, 17:56

Ethiopia-Djibouti railway transports 530,900 passengers: official



2023-07-03



The file photo shows a passenger sitting on a train at the Nagad railway station along the Ethiopia-Djibouti railway in Djibouti, on Sept. 19, 2022. (Xinhua/Dong Jianghui)



Chinese-built Ethiopia-Djibouti railway has seen the passing of 1,824 passenger trains with the transportation of nearly 530,900 passengers during its five and half years of operation.

ADDIS ABABA, July 3 (Xinhua) -- Chinese-built Ethiopia-Djibouti railway has seen the passing of 1,824 passenger trains with the transportation of nearly 530,900 passengers during its five and half years of operation, an Ethiopian government official disclosed on Friday.

Alemu Sime, minister of Transport and Logistics, made the remarks while addressing a high-level meeting themed "China-Ethiopia Building Belt and Road." The roundtable meeting brought together senior Ethiopian government officials, Chinese diplomats in Ethiopia, officials from the Ethiopia-Djibouti Railway Share Company, heads of different think tanks, as well as media leaders, among others.


The file photo shows a train at the Nagad railway station along the Ethiopia-Djibouti railway in Djibouti, on Sept. 19, 2022. (Xinhua/Dong Jianghui)


The Ethiopian minister said the 752.7-km Ethiopia-Djibouti standard gauge railway, also known as the Addis Ababa-Djibouti railway, is a landmark railway line connecting Ethiopia and Djibouti and a flagship project under the framework of the China-proposed Belt and Road Initiative, and an important early harvest of China-Africa cooperation.

He said the railway has played an important role in promoting the economic and social development of Ethiopia and improving people's living standards.

Since the official opening of commercial operation in January 2018, the railway has operated 1,824 passenger trains with nearly 530,900 passengers, and 6,133 cargo trains with about 7,328,500 tonnes of cargo, Sime said.

According to the minister, the railway's total operating revenue has been also maintaining an average annual growth rate of more than 35 percent, vividly illustrating the high quality of jointly building the Belt and Road Initiative.



The file photo shows a train at the Nagad railway station along the Ethiopia-Djibouti railway in Djibouti, on Sept. 19, 2022. (Xinhua/Dong Jianghui)


"The Addis Ababa-Djibouti railway is not only a transportation line, but also an economic corridor and a road to prosperity. It has opened up a railroad corridor to the sea for Ethiopia, effectively driving the development of industrialization and urbanization along the route," he said.

Noting that the railway has assisted Ethiopia in transporting more than 100,000 tonnes of fertilizer and wheat as well as other urgent supplies during the COVID-19 pandemic, Sime said "the railway effectively assures the supply of livelihood and agricultural supplies in Ethiopia, demonstrating its great value."

Sime, in particular, singled out the experience-sharing mechanism for enabling Ethiopian and Djiboutian youth with electrified-railway technologies.

"What I appreciate more is that the Chinese team also upholds the concept of 'Better teach a man how to fish than give him fish,' and passes on Chinese railway expertise to the people of Ethiopia and Djibouti without reservation," he said.

During the construction and operation of the project, the Ethiopia-Djibouti railway has provided 55,000 jobs for Ethiopia and Djibouti, and trained more than 3,000 railway professionals, laying a solid foundation for the development of the railway industry in Ethiopia and Djibouti, according to Sime.

https://english.news.cn/20230703/2fe338 ... 53a/c.html



530,900 passengers during its five and half years of operation, It is not much.

AbyssiniaLady
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Re: Ethiopia-Djibouti railway a road to prosperity: Ethiopian minister

Post by AbyssiniaLady » 17 Jul 2023, 15:28

Earnings of Ethiopia-Djibouti railway up 35 pct



Source: Xinhua Editor: huaxia 2023-07-17


Cargo train operators arrive with the first shipment of trucks at the Indode Freight Station on the outskirts of Addis Ababa, capital of Ethiopia, on May 24, 2023.(Xinhua/Michael Tewelde)


The Chinese-built Ethiopia-Djibouti railway has transported 2.1 million tonnes of cargo during the Ethiopian fiscal year 2022/2023 ending on July 7 with earnings increasing 35 percent from the previous period, an official said on Sunday.

ADDIS ABABA, July 17 (Xinhua) -- The Chinese-built Ethiopia-Djibouti railway has transported 2.1 million tonnes of cargo during the Ethiopian fiscal year 2022/2023 ending on July 7 with earnings increasing 35 percent from the previous period, an official said on Sunday.

Aminu Juhar, chief corporate strategy officer at Ethiopia-Djibouti Standard Gauge Railway Share Company (EDR), said the 752.7-km rail line also transported 124,000 passengers during the fiscal year.

Juhar said the EDR was able to earn 3.3 billion birr (about 60.1 million U.S. dollars) during the past fiscal year, up 35 percent from the previous fiscal year. The EDR official attributed the increase in revenue to new goods such as vehicles.



A train stops at the Nagad railway station along the Ethiopia-Djibouti railway in Djibouti, Sept. 19, 2022. (Xinhua/Dong Jianghui)


The Ethiopia-Djibouti standard gauge railway, also known as the Addis Ababa-Djibouti railway, was contracted by China Rail Engineering Corporation and China Civil Engineering Construction Corporation. The railway commenced its commercial operations for both passenger and freight services in January 2018, connecting landlocked Ethiopia to ports in the Red Sea nation of Djibouti.


https://english.news.cn/20230717/a261e3 ... cf5/c.html

AbyssiniaLady
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Re: Ethiopia-Djibouti railway a road to prosperity: Ethiopian minister

Post by AbyssiniaLady » 22 Jul 2023, 15:27

Addis-Djibouti Corridor to Get Major Upgrade That is Key to Unlocking Connectivity and Trade for Ethiopia and the Horn of Africa




One of seven major ports in Djibouti.



WASHINGTON, July 20, 2023—The Addis-Djibouti corridor, a vital trade route and a lifeline for Ethiopia's 120 million people, will get a significant upgrade thanks to the newly approved Horn of Africa Initiative’s Regional Economic Corridor Project. The project, endowed with a $730 million grant from the International Development Association* (IDA), aims to improve regional connectivity and logistics efficiency in Ethiopia along this key trade route connecting landlocked Ethiopia to the port of Djibouti.


“Improved regional connectivity and trade are essential to unlocking Ethiopia’s economic potential,” said H.E. Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia. “This project is important to support our commitment to fostering inclusive growth and regional integration, as we are now fully focused on sustaining the growth and reaping the peace dividends,” he added.


Over 95% of Ethiopia’s import-export trade (by volume) uses the Addis-Djibouti corridor. The project aims to upgrade the road to Djibouti, including the Mieso-Dire Dawa section.

Click here to read more.
https://www.worldbank.org/en/news/press ... eTT_EN_EXT

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