The Chairman held a meeting with the China Development Bank and the China-Africa Development Fund

The Chairman held a meeting on Thursday morning with a delegation from the China Development Bank and the China-Africa Development Fund.

During the discussions, it was highlighted that the China-Africa Development Fund has allocated US $800 million to finance infrastructure projects across Africa.

The Chairman requested to allocate US $150 million to finance the Nagad-Damerjog railway line connection and an additional investment for the development of new dry ports in Nagad (spanning 200 hectares) and Indode.

This project is presented as a joint venture between GHIH and the Ethio-Djibouti Railway.