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The shift to local coal is anticipated to result in substantial savings of up to $2 billion per year. [2] The entity responsible for spearheading the development of this project is the Pakistan Railway Freight Transportation Company (PRFTC). The key focus of this company is to manage the transportation of freight, with a specific emphasis on ...
The railway of 759 kilometres (472 mi) length was considered to cost around US$3.5b (US$4m per km of railway) while the Exim Bank of China facilitated a package, that resulted in loans of about US$2.5b in total for the Ethiopian section of the railway plus another US$500m for the Djiboutian section. [11]
Railway costing is the calculation of the variable and fixed costs of rail movements. Variable costs are those that increase or decrease with changes in the traffic volumes or service levels and include fuel, maintenance and train crew costs, for example.
The Awash–Weldiya Railway is a standard gauge railway under construction, that will serve as a northward extension of the new Ethiopian National Railway Network.. The railroad's primary purpose is to connect the north of Ethiopia with the Addis Ababa–Djibouti Railway at the Awash junction and therefore connecting it with the world economy through the Port of Djibouti and also with the ...
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 railway line is jointly owned by both the Djiboutian and Ethiopian governments. In Ethiopia, the state-owned Ethiopian Railway Corporation represents the owner of the railway. 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.
More than 95% of Ethiopia's trade passes through Djibouti. [2] [3] The port of Djibouti is served by one international railway, the electrified standard gauge 756 km long Addis Ababa – Djibouti Railway (of which 656 km run in Ethiopia). This railway has officially been opened in October 2016 but it is in trial service with no regular traffic ...
Kenya and Ethiopia signed an agreement to build the 3000 km LAPSSET railway at a cost of USD 13.8 billion in September 2023. [ 1 ] [ 2 ] In addition to connecting the capital cities of the two countries, Addis Ababa and Nairobi with a Standard Gauge Railway, it will also connect Ethiopia to the Lamu Port via the railway link from Isiolo to Lamu.