Ethiopia looks forward to Chinese companies investing in business

Ethiopian President Mulatu said on the 12th that Ethiopia looks forward to more Chinese companies coming here to invest and start business, and at the same time help Ethiopia promote its industrialization process.
Mulatu met with a delegation of Chinese entrepreneurs led by Lu Xinhua, President of the Association for the Promotion of South-South Cooperation, at the Presidential Palace that day. He said that Ethiopia is currently committed to building a manufacturing center in Africa and is willing to establish a sustainable and mutually beneficial partnership with China in this regard. It is hoped that the delegation’s visit will further promote bilateral economic and trade cooperation and promote more Chinese companies to invest and develop in Ethiopia.
Mulatu said that based on Ethiopia’s actual situation, Ethiopia expects more Chinese companies to increase investment in agriculture, agricultural product processing, textiles and leather and other fields.
Lu Xinhua said that China-Ethiopia economic and trade cooperation currently maintains a good development momentum. The South-South Cooperation Promotion Association is willing to strengthen communication and coordination with Ethiopia to help support more Chinese companies to invest and start business in Ethiopia, promote production capacity cooperation between the two sides, and achieve mutual benefit and win-win results. develop.
The delegation also visited Alkabe, Advisor to the Prime Minister of Ethiopia, and held discussions with representatives from the Ministry of Foreign Affairs, Ministry of Industry and other departments as well as the Ethiopian Chamber of Commerce to exchange views on Ethiopia’s investment environment and policies.