Ethiopian Shipping and Logistics Enterprise is finalizing preparations to award design and construction contract for additional warehouse at Modjo Dry Port.
The latest stuffing and stripping warehouse will be built on 5,400 square meter plot. The project will also include construction of a container freight station.
The Ethiopian Shipping and Logistics Enterprise is expecting to receive nine sea going vessels it had ordered with Chinese companies by the end of the current financial year. The enterprise is to acquire the vessels at a total cost of four billion birr, it was said.
The vessels are expected to enhance the ESLSE’s freight capacity significantly noted Ahmed Tussa, Chief Executive of the Enterprise.
It is to be remembered that there is currently a study underway to evaluate the possibility of outsourcing the management of the ESLSE to a foreign firm and Bolloré could be considered by the government should it be decided that this course of action is the most viable option according to Diriba Kuma, State Minister for transport.
The Ethiopian Shipping Lines & Logistics Service Enterprise’s (ESLSE) and the Ethiopian Petroleum Enterprise (EPE) are expected to conclude an agreement for the transport of petroleum in early 2014.
The ESLSE's will transport petroleum through its newly squired two oil tankers. This comes after a year of carrying other goods, pending a deal to be concluded with the EPE, according to Fortune.
Through the United States Agency for International Development (USAID) Ethiopian Sustainable Tourism Alliance (ESTA) project with funding from the US President’s Emergency Plan for AIDS Relief (PEPFAR), the new community-based tourism sites in Lephis and Ziway are inaugurated in Oromia Regional State.
The sites were developed to present natural and historic attractions and activities in an Eco-friendly manner that will maximize the benefit for the local community.
