(3 minutes read)
· A regulation to open up the multimodal sector for private actor has been tabled to the Council of Ministers to amend the bill introduced in 2011, which unveiled a monopolistic approach in the logistics business
· The National Logistics Transformation Council, it is
reported, has approved the draft regulation to be ratified by the Council of Ministers.
· The draft regulation seeks to have a more open multimodal scheme.
A regulation to open up the multimodal sector for the private sector has been tabled to the Council of Ministers to amend the bill introduced in 2011, which unveiled a monopolistic approach in the logistics business. The 2011 bill sought to amalgamate the Public Logistics Enterprises; such as Ethiopian Shipping Lines, Dry Port Service Enterprise, Comet Transport and Ethiopian Maritime Transit Service to form the Ethiopian Shipping and Logistics Services Enterprise (ESLSE). The decision did not allow the private sector involvement in the logistics sector. That time also the bill had stated that it would open the sector to the private actor without specifying the time frame.
The National Logistics Transformation Council, it is reported, has approved the draft regulation to be ratified by the Council of Ministers. The draft regulation seeks to have a more open multimodal scheme. This offers the transportation of goods through different means of shipping including rail and road under a single contract.
The regulation has already been sent to the Council of Ministers for approval. The sector will be open to limited and capable developers. Ethiopian Logistics companies may come together in a joint venture to form strong entities so as to be part of the business.
