Lack of finance derails second railway project

Lack of finance derails second railway project

Photo source: The Reporter

Djibouti railway fetches 648.6 mln

The Ministry of Transport (MoT) disclosed that the construction of Ethiopia’s second railway project a.k.a. the Awash-Kombolcha-Woldia/Hara Gebeya railway project has made little progress in the past nine months due to financial shortages.

The Minister of Transport, Dagmawit Moges, presenting a nine month report before the House of Peoples’ Representatives (HPR) said that the construction of the project, which stretches from the Eastern to the Northern part of the country, has only managed to reach 54 percent completion over the past five years.