Chinese-built rail boosts Ethiopia's profitability

ADDIS ABABA－The Ethiopian government said the Chinese-built Addis Ababa-Djibouti Standard Gauge Railway is set to streamline Ethiopian exports and boost profitability.

This came after a delegation led by Abdi Zenebe, CEO of Ethiopia-Djibouti Standard Gauge Railway S.C. (EDR), recently visited Djibouti and held a meeting with officials at the Ethiopian Embassy in Djibouti to discuss ways to streamline Ethiopian exports by reducing logistical bottlenecks and increasing profitability, the Ethiopian Ministry of Foreign Affairs.

"By utilizing railway wagons and setting up affordable prices to attract more clientele, the railway company is focusing on schemes of addressing logistical issues caused by the conventional ways of transporting Ethiopian exports to Djibouti and beyond," the statement read.