The Chinese electric company, Dongfang Electric Corporation Limited (DECL), concluded an agreement with Ethiopian Electric Power Utility (EEPU) for the development of wind farm in Aisha area of Somali State, Ethiopia.
Ethiopian President Mulatu Teshome received Chinese business delegation on May 12, according to Ethiopian News Agency.
The Chinese based Shaoxing Mina Textile Company is going to construct a textile and garment factory in Ethiopia. The factory is going to be constructed in Sebeta, Oromia State, at the cost of 15 million USD.
For the purpose of maintaining and managing the newly being built Addis Ababa Light Rail Project, Ethiopian Railways Corporation concluded USD 106 Million deals with two Chinese firms; China Railways Group and Shengen Meter Group.
Chinese business delegation team from Hebel Province, China, disclosed its interest to invest in the agro-processing sector of Ethiopia.
