The Ethio -China business and trade relations is currently flourishing and for the furtherance of the relations investors from both countries pledged to utilize the existing opportunities for mutual benefit.
Opening the largest China - Ethiopia Economic and Trade Cooperation Forum organized by Guandong Province Department of Commerce and the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) yesterday, Dr. Arkebe Ekubay Special Advisor to the Prime Minister with the Rank of Minster said that there are many opportunities for Chinese investors to engage in various sectors such as manufacturing and infrastructural development.
He further said that as the second most populous nation in the continent, Ethiopia could attract foreign investment because the population is an economic asset both as producer and consumer. The expansion of higher education in the country for the last two decades enabled the nation to supply trained man power to the labour market which investors could employ with fair wage.
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Louvres Hotel Group, number one hotel group in East Africa, signed its 3rd hotel in Ethiopia, pursuing the expansion of an ambitious network covering sub-Saharan
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Safaricom has denied reports of the company entering into the Ethiopian market. The Kenyan telco had been said to be gearing up for its first venture
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Flying even more greener; Ethiopian Airlines Group, the largest airline in Africa, is pleased to announce that it has fully digitalized all its business processes