Ethiopia Hoping to Attract More Investment from Chinese Manufacturers

Ethiopia hopes to attract more investment from Chinese manufacturing companies due to the increasing cost of labor and resources in China said Seyoum Mesfin, Ethiopian Ambassador to China.

China is one of the most significant investors in the development of infrastructure in the country as well as being a notable technology provider but it is also expected that an increasing number of Chinese manufacturers will take advantage of the opportunities available in Ethiopia he said.

The Ethiopian embassy in China is planning to host week long events in Beijing to promote investment opportunities in the country and to enhance cultural exchange between the two countries.