Ethiopian Rail Corporation Partners with Italy’s COIPA Capital
to Revolutionize Railway Infrastructure in East Africa
The Ethiopian Rail Corporation has entered into a landmark agreement with an Italian company to elevate the development of the country’s railway infrastructure to unprecedented levels. This agreement, signed by the Corporation, is expected to significantly enhance Ethiopia’s railway network and logistics capacity.
The partnership has been formalized between the Ethiopian Land Rail Corporation and an Italian firm known as COIPA Capital. The initiative aims to drive infrastructural growth in East Africa through a joint venture named the “Ethiopian Rail Construction and Consultancy Group.”
This collaboration is anticipated to bring advanced expertise, innovative solutions, and substantial investments to the region, laying the groundwork for a modern and efficient railway system.
