Ethio-Djibouti Railway

Over two and a half billion birr were made from the Ethiopia-Djibouti Railway service.

The Ethio-Djibouti Railway declared that it had made more than two point two billion birr in the final seven months of the fiscal year. Over 115,000 passengers and 1.2 million tons of inbound and outgoing freight have been carried, together with the association.

Mr. Fisha Mebrahtom, senior director of planning and program management for the Ethio-Djibouti railway, told the Ethiopian Press Organization that over two billion 256 million 459 thousand birr were earned in the first seven months of the fiscal year. According to Mr. Fisha, during the first seven months of the fiscal year, two billion 158 million 333 thousand birr were expected to be earned. He clarified that he was able to make more money than anticipated by reaching 104 percent of the plan.

 

Mr. Fisha added: In the last seven months, it is planned to transport one point five million tons of cargo and one point two million tons of cargo has been transported. He mentioned that the amount of cargo that was not transported was due to the security and safety concerns and the delay in the container cargo. Mr. Fisha said that container, soil fertilizer, vehicles, wheat and cooking oil are being transported by Ethio-Djibouti train.

 

 

According to Mr. Fisha, the company is saving money on freight while still offering useful services to different institutions. He declared that by moving a variety of commodities from the port to the nation’s center, the railway line linking Ethiopia and Djibouti is fostering the expansion of the transportation industry. According to Mr. Fisha, the company serves the Dewele railway station lines as well as the towns of Dredawa, Mojo, Adama, Lebu, Endode, Dkena, and Meiso with freight and passenger train services.

 

As made clear by Mr.  Fisha. There are 20 stations served by the railway line. New service stations are being prepared to open. Mr. Fisha stated that the primary and difficult issues are currency shortages, power variations and outages, theft of railway infrastructure, and security issues.

Addis Zemen. February 15.2024

Please follow and like us:

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Scroll to Top