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The Ethiopian Railways Corporation began construction of the double-track electrified light rail transit project in December 2011 after securing funds from the Export-Import Bank of China. [10] Trial operations were begun on 1 February 2015, [9] with several months of testing following that. [11] It is operated by the Shenzhen Metro Group. [12]
While the National Railway Network of Ethiopia was in the planning stage, potash prices on the world market fluctuated between below US$200 and US$875 per tonne, but were rather in the upper half of that range, which made railway construction an interesting precondition for large revenues from potash exports (with a good share of between 25 and ...
The Ethio-Djibouti Standard Gauge Rail Transport S.C., a bi-national public company headquartered in Addis Ababa, was formed in 2017 to operate the railway. It is owned by the governments of Ethiopia (75% share) and Djibouti (25% share). Ethiopia holds the CEO post, represented through the Ethiopian Minister of Transport. The company currently ...
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ER operates passenger and freight transport. Founded on 28 November 2007 (regulation 141/2007) as a quasi-public corporation to operate Ethiopia's passenger and freight rail services, mainly the Addis Ababa–Djibouti Railway, it receives federal subsidies but is managed as a for-profit organization. [1] ERC's headquarters is located in Addis ...
The Ethio-Djibouti Railway is a 1,000 mm (3 ft 3 + 3 ⁄ 8 in) gauge railway built in 1897–1917. The line connected the new Ethiopian capital city of Addis Ababa (1886) to the Port of Djibouti in French Somaliland, providing landlocked Ethiopia with railway access to the sea.
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