ADDIS ABABA – Ministers of Ethiopia and Djibouti on Thursday assessed the implementation progress of bilateral development projects.
The assessment was conducted during a meeting between Finance Minister Ahmed Shide and Djibouti’s Energy Minister Yonis Ali Guedi.
The Ministry of Finance said the two sides reviewed the implementation progress of projects envisaged by both countries.
“Most importantly, the Ministries discussed the rail network infrastructure connection to enable Ethiopia to transport petroleum products through Ethio-Djibouti Railways, ” it added.
Their joint company, Ethio Djibouti Railway SC, currently manages an electric-powered Addis Ababa-Djibouti railway.
The line, however, is not connected to any depots in Ethiopia as well as the fuel port from the Djibouti side.
The project that the two countries reviewed on Thursday aims to resolve the issue by expanding the Ethio-Djibouti railway network.
Ethiopia has already launched the construction project of a railway line linking the Ethio-Djibouti railway with its Awash Petroleum Depot. The project, however, is not going as plan.
Authorities expect the project to facilitate petroleum cargo services to Ethiopia – a landlocked nation dependent on imported-petrol.
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