Chinese-built railway boosts Ethiopia's import-export trade: official

ADDIS ABABA, May 21 (Xinhua) -- The Chinese-built Ethiopia-Djibouti railway has significantly reduced logistics time and costs, boosting Ethiopia's import and export trade, according to the Ethio-Djibouti Standard Gauge Railway Share Company (EDR).

Abdi Zenebe, chief executive officer of the EDR, said the 752-km railway is fast becoming Ethiopia's preferred route for imports and exports, as reported by the state-run Ethiopian News Agency on Tuesday. Currently, more than 15 percent of Ethiopia's overall import and export trade is conducted via this railway.