Awash Woldia-Hara Gebeya railway

Overview:

• Awash Woldia-Hara Gebeya railway.
• Ethiopian Railway Corporation is investing $1.7 billion in a new 400km rail line to be constructed between Awash and Woldia in Ethiopia, linking the country's north and east rail networks. It will connect with the Addis Ababa - Djibouti rail line.
• The project also includes 40km of maintenance lines, 18km of station lines, tunnels, three terminal stations and six intermediate stations.
• The project is part of the country's five year growth and transformation plan, which includes five rail projects in phase one.
• Turkish construction company Yapi Merkezi İnşaat ve Sanayi has been selected as the EPC contractor for the project.
• $865 million of the cost of the project has been provided by combined commercial loan and ECA backed facilities guaranteed by the Ethiopian state. Credit Suisse acted as arranger.

Sam Duke - Editor