Ethio-Djibouti Standard Gauge Railway Share Company

Ethio-Djibouti Standard Gauge Railway Share Company (or Shortly Ethio-Djibouti Railway (EDR)) was established in April 2017, based on the Bilateral Agreement signed on 16^th of December 2016 between the two states, the Federal Democratic Republic of Ethiopia and the Republic of Djibouti. The Shareholders Agreement subsequently signed on the 11^th day of January 2017 among Public Bodies and State Enterprises of the two countries, to be administered pursuant to the commercial laws of Ethiopia.

The Shareholders have agreed to establish an Ethiopian share company, having an initial share capital of USD 500,000,000.00 consisting of 10,000 shares of USD 50,000.00 each, for the purpose of Operating and Maintaining