June 10, 2013
Ethiopia is constructing nearly 2,400 km (1,500 miles) of national electric railways, plus 34 km (21 miles) of light rail in Addis Ababa as part of a five-year “Growth and Transformation” effort that ends in 2015.
Work on the Addis Ababa Light Rail Project has been started by a Chinese firm, China Rail Engineering Corporation, which is also building the first phase of the new Addis Ababa-Djibouti railway, which will have a total length of 327 km (204 miles). The second section of the railway, from Mieso to Dawanle at the Djibouti border, is currently under construction by China Civil Engineering Construction Corporation.
The two projects combined are expected to cost close to $2.8 billion, a sum that will be covered by the Ethiopian government and a loan from the Export-Import Bank of China.