Ethiopian Railways Corporation (ERC) and COIPA Italia S.p.A., an Italian infrastructure and energy company focused on sustainable development in Africa, signed a Strategic Cooperation Framework Agreement to modernise Ethiopia’s railways and strengthen bilateral economic ties.Italian Ambassador Agostino Palese (PhD) said the agreement “deepens the mutual relationship between Ethiopia and Italy. This agreement improves economic relations and shared prosperity. It is not only a business partnership, but a symbol of Ethiopia–Italy friendship.” He added that modern, efficient, and sustainable rail transport is “a key driver of economic transformation and regional integration.”Ethiopia's Tansport and Logistics Minister Alemu Sime (PhD) described the agreement as a “win–win relationship for both countries” and expressed gratitude to the Italian government for its long-standing development cooperation. Hilina Belachew, ERC CEO, noted COIPA Italia’s commitment to Ethiopia’s railway vision and expressed confidence that the framework would translate into concrete projects and lasting results.The Chief Executive Officer of COIPA Italia, Vito Favorito Sciama Rella, said the partnership would bring technology transfer, expertise, and investment opportunities while building long-term institutional capacity within ERC. The Italian company has been involved in developing Ethiopia’s railway infrastructure, logistics hubs, and other transport projects, aiming to modernise the sector and support regional integration. (ICE ADDIS ABEBA)

Fonte notizia: biomeric.com