The Ethiopian Railway Corporation’s 2016 and 2017 fiscal year plans were reviewed by Public Enterprises Holdings and Administration Agency (PEHAA),in the Hilton Hotel meeting hall on August 14, 2024.
The evaluation of the performance of the 2016 fiscal year plan is focused on the performance of operational, financial, corporate governance, project and reform goals. The focus is on the existing conditions and other criteria.

The Ethiopian Railway Corporation’s ability to put own force business units into operation, its ability to take permission in the construction sector, and its internal capacity to develop human resources are activities that have been seen on the positive side.

The Corporation received an income of 79.8 million Birr from the various income-generating activities it carried out during the fiscal year, and managed to save 6.6 million Birr in expenses based on the plan to carry out own force works, activities. The evaluation showed that the corporation’s actions to generate new business ideas and create alternative work fields were encouraging.

Habtamu Hailemichael, Director General of Public Enterprises Holdings and Administration Agencys, who led the review, praised the corporation’s activities in the fiscal year and thanked the contribution made to serve as a citizen. The Director-General also pointed out the activities that need to be improved and urged the corporation to work on the basis of the macroeconomic reforms being implemented at the national level.

Source (including image): Public Enterprises Holdings and Administration Agency (PEHAA),

==========
For additional information👇
Website፡https://www.erc.gov.et
Facebook፡ https://www.facebook.com/p/Ethiopian-Railways-Corporation-100077485833637/
Telegram: https://t.me/EthiopianRailwaysCorporati