The Ethio-Djibouti Railway (EDR) has announced plans to expand its operations by investing in a major construction project in Djibouti, including a proposed 49% stake in the Damerjog fuel storage facility. This move aims to enhance regional fuel distribution and multimodal logistics capacity.
The Ethio-Djibouti Railway Company (EDR) is chugging full steam ahead in 2024, aiming for a significant revenue increase while expanding its services and solidifying its role in regional development.
The Ethio-Djibouti Railway Company has officially launched its new cargo container transport service. The service was inaugurated today by the company’s Chief Executive Officer, Takele Uma, alongside Djibouti Customs Director, Guled Ahmed Youssef.
In Addis Ababa, the Ethio-Djibouti Railway transitioned to joint management by Ethiopia and Djibouti. For the past six years, the Chinese Railway Construction Corporation (CRCC) co-managed the line as part of China's Belt and Road Initiative.
Ethio-Djibouti Railway Share Company (EDR) says it plans to double its fleet of freight wagons and electric locomotives by the end of this year, a move intended to raise cargo-handling capacity on the cross-border corridor linking Ethiopia and Djibouti.
