Trans-boundary economic zone to be launched

Ethiopian and Sudan are looking for support to the feasibility study for the trans-boundary special economic zone.
Mebrhatu Meles (PhD), State Minister of Industry and chair of the joint commission on the Ethiopian side, told Capital that the joint project office for trans-boundary special economic zone is formed in Ethiopia.
He said that the two countries proposed the financial support for the feasibility study for the African Development Bank (AfDB).
Dr Mebrhatu said that the economic zone will include massive infrastructure including port, railway and corridor developments.
One stop border, bank, customs and free trade are some of the issues that will be included on the joint plan.
A high level delegation from Ethiopia will go to Khartoum in the near future.
In his recent report at the parliament Girma Amente (PhD), Minister of Public Enterprises, said that negotiations have been going on to connect the port of Sudan with Ethiopia’s railway line. He added that AfDB has shown an interest in financing the feasibility study for the project.
The joint committee chair said that the issue is very early. “Our priority is the economic zone not the railway,” he explained.
He added that the two governments have given priority for the study for the trans-boundary economic zone. The zone has targeted to expand the economic relation of the two countries and export the products that will produced in the zone.
The border area of the two countries has enormous agricultural products that shall be proceed and export to the rest of world.
“The railway will be one of the projects under the economic zone,” Dr Mebrhatu told Capital.

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