Ethiopia: Chinese Companies Invests Over U.S.$1.1 Billion in Ethiopia

Chinese companies, with close to 1,564 projects that were either operational or under implementation during the past two decades, are the top players in Ethiopia's investment landscape both in terms of the number of projects and the financial capital, an official at the Ethiopian Investment Commission (EIC) said.

Speaking exclusively to Xinhua, Mekonen Hailu, Communications Director at the EIC, said Chinese firms invest in various economic sectors in Ethiopia and are committed to long term investments.

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