Pending Railway Corp restructuring envisions private sector involvement - News Summed Up

Pending Railway Corp restructuring envisions private sector involvement


Gov’t considering railway connections to neighboring ports including LamuThe federal government is considering an overhaul of the state-owned Ethiopian Railway Corporation that would enable it to get involved in the construction of new railway projects and onboard private railway operators. The officials disclosed the study considers the involvement of private railway operators in ERC. The plans also include the addition of several dry ports under the umbrella of ERC via the inclusion of private operators. “The private sector might not invest in railways but can use its own wagons to engage in transporting cargo. The official noted that new proposals may be included following discussions between the ERC board and Transport Ministry officials next week.


Source: Ethiopian News May 25, 2024 08:03 UTC



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