Yapı Merkezi laid the ground for rail in Ethiopia

Yapı Merkezi has laid the foundation for a railroad in Ethiopia: Yapı Merkezi organized the groundbreaking ceremony for the Railway Project in Ethiopia with a value of 1,7 billion USD.

Yapı Merkezi built the groundbreaking ceremony of the Awash-Kombolcha-Hara Gebaya Railway Project in the Federal Democratic Republic of Ethiopia. With this groundbreaking ceremony, Yapı Merkezi 1,7 started to invest in a billion dollar railway.

The Groundbreaking Ceremony of the Awash-Kombolcha-Hara Gebaya Railway Project to be built in Ethiopia 25 February 2015 was held on Wednesday in Kombolcha. The ceremony, Ethiopian Prime Minister Hailemariam Desalegn, Transport Minister Werkneh Gebeyehu, Ethiopian Railways Administration, Dr. Dr. Arkebe Oqubay, General Director of Ethiopian Railways Administration. Getachew Betru, Yapı Merkezi Holding Chairman Ersin Arıoğlu, Chairman of Yapı Merkezi İnşaat Başar Arıoğlu, Board Members Köksal Anadol and Emre Aykar, General Manager of Yapı Merkezi Özge Arıoğlu attended the meeting.

Making a speech at the ceremony, Chairman of the Board of Directors of Yapı Merkezi Holding, Ersin Arıoğlu stated that they were happy to be in Ethiopia for such a project and said, ı Today we have visionary and ambitious politicians and businessmen who can see the contribution of the railways to the rapid growth of Ethiopia and the world civilization. . As Yapı Merkezi, we have great faith in the future of Ethiopia. That's why we're here. We are committed to building a comfortable and modern railway system that works in a safe, robust, efficient way for Ethiopia, the 'country of tomorrow'. When the project is completed, I am confident that it will be called a. Collaboration Proje project. Proje

Talking about the important contribution of the railways to the development of a country, Arıoğlu said, ken In order to accelerate the national development, commercial volume should be increased. This is done by increasing the transportation. The higher the share of railways in this transport volume, the higher the rate of development. Research shows that there is a strong relationship between the length of a country's railways and its national income. It is also known that railway systems contribute directly or indirectly to the country's economy and cover the initial investment cost in the 4 year. In the past, many developed countries in Europe, including Turkey contributed to the development of successfully applying this method. "He said.

Arıoğlu said: aş I have to say that 5 is a great achievement to complete the financial agreement in a short period of time and to go to the construction phase. This is our success. We did not leave any projects in our half-century history. I hope that the Awash-Kombolcha-Hara Gebaya Railway Project will make the Ethiopian people happy by completing the 3 railway project on the 39 continent so far.

We have excellent relations between Turkey and Ethiopia. I believe that our project will connect not only Ethiopian cities but also Ethiopia and Turkish governments and citizens much more strongly. I would like to thank everyone who is here today and who contributed to the realization of this project. Both Ethiopia and Turkey also involved in the project and to remind everyone that the share of the project is to support great to come today, I would. I would especially like to thank the government officials and our embassies both in Ankara and Addis. I wish all of us success. Hep

The first Turkish construction company to undertake an important project in Ethiopia

With the Awash-Kombolcha-Hara Gebaya Railway Project, an important part of Ethiopia's development plans, Yapı Merkezi became the first Turkish construction company to undertake an important project in Ethiopia.

In addition, the Building Center, Turk Eximbank to finance the project by bringing together European and European financiers, of making a financial cooperation between Turkey and Ethiopia also has taken the first step. 1.7 billion US dollars in the project's cost with this financing agreement, the Turkish Eximbank is also a good example for strong ties between Turkey and Ethiopia and proactive export model.

The project, which will start from the northeast of Awash city and continue to the north and reach Weldia through Kombolcha city, is strategically important as it brings together the northern and eastern economic regions of Ethiopia. The railway will connect the north railway, from Mekelle to Hara Gebeya and Tadjourah, with the central railway line between Addis and Djibouti, a major corridor for passenger and freight traffic and import and export products from Djibouti Port. In addition, the construction of the Awash-Kombolcha-Hara Gebaya Railway will play an important role in ensuring the connection between the northern part and the center of the country.

All design and construction works; In addition to excavation, viaducts, bridges, tunnels, rail laying, stations, warehouse and repair-maintenance area, energy supply, catenary, signaling, communication, OCC & SCADA, the training of the personnel will be done by Yapı Merkezi. The project has a broad scope with Turkey is also an important international milestone for property construction and rail industries.