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Lesotho: Ethio-Djibouti railway may get rehabilitation.
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July 25, 2008
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COPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: shiv03
A Dubai-based company, which already has great interests in the Djibouti port, is eying possibilities to invest into the rehabilitation of the Ethio-Djibouti railway, connecting Addis Ababa with Djibouti and representing landlocked Ethiopia's main import-export lifeline.
According to reports by the Ethiopian newspaper 'Addis Fortune', DP World, a Dubai state-owned company, "has shown a strong interest to enter into the Ethiopian market, eyeing a potential for investment in rehabilitating the Ethio-Djibouti railway line and developing a green ...
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