Deputy Prime Minister of Ethiopia, Demeke Mekonnen  invited more Chinese investment in Ethiopia while meeting with Chinese business persons in  Beijing.

The Deputy PM was in Beijing representing African Union (AU) Chairperson Prime Minister Hailemariam Desalegn to be part of the 50th Anniversary of the Organization of African Unity/African Union,held in Beijing, China.

Chinese business person who attended the meeting has also expressed their desire to engage in various investment activities in Ethiopia, particularly in commercial farming, mining, hotel business and setting up industrial parks.

Demeke said his government welcomes interested Chinese investors in all the sectors , adding that the country has a sound investment policy.

More than 400 Chinese Companies are currently operating different sectors in Ethiopia.

Source: Walta