With the additional freight trains, the Railway will be able to generate 100 million dollars in revenues a year. Its operating cost currently stands at 70 million dollars a year while generating only a little over half of the expenses. During the first half of 2020, the Railway generated 26.3 million dollars transporting 38,400 containers that carried 730,000tn of goods in 588 freight trains. The following year, the number of passengers fell to 84,073 and the revenues surpassed 1.2 million dollars. Abebe Dinku (Prof.), a lecturer and civil engineering expert at Addis Abeba University, says that doubling the freight trains is exciting news.

Source: Ethiopian News September 22, 2020 07:52 UTC