The Mojo Green Logistics Hub has received and inaugurated its first phase of port machinery. A total of 47 pieces of machinery were handed over to the Logistics Hub, located in Modjo Dry Port & Terminal, as part of the effort to grow the nation's logistics sector by the Ethiopian Maritime Affairs Authority. The Logistics Hub, currently developed by the Ethiopian Shipping & Logistics Enterprise, aims to make the Dry Port the largest logistics hub in the country in the coming five years. The project is financed through a 150-million-dollar loan from the World Bank. The Hub will be constructed on 173ha of land, and the expansion is expected to cut the average waiting time of a container from two months to three weeks. The funds, approved in March 2017, have also been used to develop a Terminal Operating System for the Port, which accounts for nearly 80pc of the country's import-export logistics.
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