The Ministry of Transport has decreed new price reductions to support the export manufacturing industry and alleviate economic pressure caused by the Novel Coronavirus (COVID-19). The decision includes having the Ethio-Djibouti Railway provide free transport for industrial parks using it to export goods for a period of three to five months depending on the unfolding situation, effective May 1, 2020. Similarly, the Ethiopian Shipping & Logistics Services Enterprise will reduce port and transport fares at Modjo Dry Port for the manufacturing export industry for the duration of the state of emergency. All products from the Hawassa Industrial Park designated for the port will be given a 50pc reduction on transportation fees. Additionally, all dry port service fees will be reduced by 50pc. The Enterprise is also availing up to a 73pc reduction of the market price on all export items travelling from Djibouti to different parts of the world for all of its customers. For materials difficult to transport by railway, the Ethiopian Shipping & Logistics Services and transport companies will avail their services at a 50pc reduced rate.
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