China in driving seat as Ethiopian capital gets new tramway - The Economic Times

The two line, 34-kilomet .. 

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http://economictimes.indiatimes.com/articleshow/49036659.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppstADDIS ABABA: Sub-Saharan Africa's first modern tramway opened in the Ethiopian capital today, marking the completion of a massive Chinese-funded infrastructure project hailed as a major step in the country's economic development. 

Even before the ribbon was cut, several hundred residents were queueing for a ride on the Chinese-driven trams, which have the capacity to carry 60,000 passengers a day across the capital of Africa's second most populous nation. 

Even before the ribbon was cut, several hundred residents were queueing for a ride on the Chinese-driven trams, which have the capacity to carry 60,000 passengers a day across the capital of Africa's second most populous nation. 

The two line, 34-kilometre (21 mile) system was built by the China Railway Engineering Corporation (CREC) . The project cost USD 475 million, 85 percent of which has been covered by China's Exim bank. 

"I'm very excited and very proud as an Ethiopian. We .. 

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http://economictimes.indiatimes.com/articleshow/49036659.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst