Infrastructure
New System Launched to Measure Ethiopia-Djibouti Trade Corridor Logistics Performance
The Reporter (Amharic) · 5 hours ago · Read the Full Story on The Reporter (Amharic)
AI SUMMARY
A data-driven performance measurement system has been launched to evaluate the logistics of the Ethiopia-Djibouti trade corridor, which handles 97 percent of the country's import and export trade.
- A new data-driven performance measurement system for the Djibouti trade corridor was officially unveiled on October 15.
- The Djibouti corridor has handled 97 percent of Ethiopia's import and export trade over the past 28 years.
- The system was developed by Eagles Maritime and Trade Logistics PLC.
- The measurement framework includes four types of reporting projects, covering monthly, biannual, annual, and customized data requests.
- Monthly reports track time and cost from vessel arrival in Djibouti to final destination delivery in Ethiopia, costing 1,200 dollars annually.
- Biannual reports cost 2,400 dollars annually, and annual review reports analyzing challenges and reforms cost 3,600 dollars annually.
- Approximately 1,000 trucks enter and leave the corridor daily.
- Eagles Maritime and Trade Logistics founder Alemu Ambaye emphasized that the corridor's performance must be periodically measured by an independent entity.
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