Addis-Djibouti Regional Economic Corridor Project

Objective

Upgrading the Mieso-Dire Dawa section to a four-lane expressway and range of soft infrastructure investments and other facilities such as freight terminals.

Description

The project aims to upgrade the road to Djibouti, including the Mieso-Dire Dawa section, which is currently in poor condition and unsuitable for growing truck traffic. Other project benefits include enhancing Ethiopia's trade competitiveness by improving logistics efficiency through regulatory and institutional reforms, investments in logistics facilities, and building the government's capacity to facilitate the modal shift to railways. The project will also provide opportunities for private sector participation in operating freight truck terminals.

Finance