Chief Executive Officer of
It is indicated on the event that the loan aims at financing the construction of the new state of the art cargo terminal.
"Infrastructure development is one of the four pillars of our fast, profitable and sustainable growth strategic roadmap, Vision 2025. This loan from AFD will enable us to build our new cargo terminal, which is being constructed in 2 phases, and when completed will have 1.2 million tons annual capacity, making it one of the largest in the world," said Tewolde.
He noted that Ethiopian has a plan to operate 18 dedicated freighters serving 37 international cargo destinations by 2025.
"This credit agreement is the second of its kind after the one signed for the expansion and upgrading of
Ethiopian Cargo currently has dedicated freighter services to 26 cargo destinations in
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