Infrastructure

Ethiopia and China Sign $15mln Railway Grant Agreement

BirrMetrics · 4 hours ago · Read the Full Story on BirrMetrics
Ethiopia and China Sign $15mln Railway Grant Agreement
AI SUMMARY

Ethiopia and China have signed a $15 million grant agreement to upgrade equipment, provide spare parts, and build technical capacity for the Ethio-Djibouti Railway.

  • Ethiopia and China officially signed an agreement for the China-Aid Project for Supplementary Work on the Ethio-Djibouti Railway.
  • The agreement secures a $15 million grant package for material assistance, equipment upgrades, and technical capacity building.
  • The signing ceremony took place in Addis Ababa, featuring State Minister of Finance Tiguist Fisseha and Chinese Embassy Minister Counsellor Liu Xiaoguang.
  • The aid package includes mechanical and electrical spare parts for electric locomotives, track hardware, station-yard accessories, and small-scale maintenance machinery.
  • Chinese technical experts will travel to Ethiopia to train railway personnel and provide practical guidance.
  • The Ethio-Djibouti Railway handles over 90 percent of Ethiopia's import and export freight through Djibouti ports.