Chinese investors expressed their interest to attend the Invest Ethiopia 2023 Forum. The investors showed their interest to attend the forum during a meeting with the Ambassador Extraordinary and Plenipotentiary of Ethiopia to the People’s Republic of China, Tefera Derbew.
Chinese investors from the city of Kunshan, located in the Jiangsu province of China, are to build an industrial park solely for textile production in the Ethiopian city of Dire Dawa. The project will cost some half billion USD.
A Chinese investment delegation, consisting of representatives from giant Chinese medical technology firms, expressed their keen interest to positively contribute to Ethiopia's healthcare sector through experience sharing and knowledge transfer, once their companies commence operations in the Ethiopia.
Ethiopia, besides Kenya and Tanzania, will develop into the flagship of China Africa Cooperation, said Chinese Official.
Poly GCL Petroleum Investment Limited, a Chinese firm, opened office in the capital of Ethiopia on Saturday, November 8, 2014. The office was innagurated by delegates from the Chinese Embassy and Ethiopian State Minister for Mines, Alemu Simye.
