Ethiopia is planning to expand economic ties with China.
- The Ethiopian Investment Commission aims to develop favorable policies for foreign investment and highlight priority sectors to attract more Chinese firms.
- The sectors of focus for investment include manufacturing, agriculture, mining, tourism, and information technology and communications.
- Ethiopia has constructed over 30 industrial parks to attract foreign investment.
- The country offers streamlined, one-stop services for businesses operating in Ethiopia.
- The Chinese Industrial Park, known as the Eastern Industrial Park, has created over 20,000 jobs and attracted significant investment, including from the Huajian Group.
- Ethiopia aims to be a beacon of prosperity in Africa and seeks more investment aligned with its current potential.
- The Belt and Road Initiative has provided benefits to Ethiopia, including the development of essential infrastructure.