Djibouti railroad may get rehabilitation

Ethio-Djibouti railroad may get rehabilitation

A Dubai-based company, which already has great interests in the Djibouti port, is eying possibilities to invest into the rehabilitation of the Ethio-Djibouti railway, connecting Addis Ababa with Djibouti and representing landlocked Ethiopia's main import-export lifeline.
According to reports by the Ethiopian newspaper 'Addis Fortune', DP World, a Dubai state-owned company, "has shown a strong interest to enter into the Ethiopian market, eyeing a potential for investment in rehabilitating the Ethio-Djibouti railway line and developing a green project of installing a pipe line for oil, from Djibouti," the newspaper reports. Link




source: International Railway News