Major Chinese Players to Invest in Diverse Sectors

A group of prominent Chinese investors from different economic sectors, who are in Ethiopia for a six day business visit, have shown interest in engaging in sectors they deem potential like urban development, manufacturing and agriculture.

Members of the delegation had a meeting with Dawano Kedir, state Minister of Foreign Affairs on Tuesday, April 30, 2014. Dawano said the investors have strong economic muscle and experience in various sectors.

The Chairman of Chonqing Yushidi Property Development Co. Ltd Group, Chonqing Yushidi, said what attracted his company to Ethiopia is the nation’s favorable investment environment and its stability.  “Ethiopians have a great desire to see a prosperous Ethiopia. In this regard the delegation is happy to work with these people,” he added.

Published on May 4, 2014 [ Vol 14 ,No 731]



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