Ethiopia, Djibouti co-operate to form joint railway company
Jan 25, 2017: Ethiopia and Djibouti have signed an agreement which enables them to establish a joint company that manages the Ethio-Djibouti Railways, Ministry of Foreign Affairs has confirmed.
So far, the railways have been handled separately by companies of the respective countries. Speaking at the signing ceremony, Transport Minister Ahmed Shide said that the railway enterprises of the two countries should implement the agreement by making the railway line go operational as soon as business communities give the go-ahead.
Others present during the signing ceremony were State Enterprises Minister Dr. Girma Amente, Ethiopian Railway Corporation CEO Dr. Engineer Getachew Betru on the Ethiopian side, and Djibouti’s Finance and Industry Minister Ilyas Moussa Dawaleh and Djibouti Railway Corporation General Manager Mohammud, according to a press release by the Ministry of Foreign Affairs.