Chinese companies to build industrial zone in Dire Dawa

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Addis Ababa, 7 May 2014 (WIC) – The Ministry of Industry and four Chinese companies signed on Tuesday a Memorandum of Understanding (MoU) to build an industrial zone in Dire Dawa.

The industrial zone would be the biggest ever zone in Africa, according to China’s Ambassador in Ethiopia Xie Xiaoyan.

The companies that signed the agreement to engage in building various industries are China Railway Group Limited, China Communication Construction Company, China Civil Engineering Construction Company, and CCG Overseas Construction.

On the occasion, Ethiopian Ambassador to China Seyoum Mesifn said the agreement shows the landmark achievements of the two countries cooperation and the special attention given to industrial transformation.

The ambassador appreciated the Chinese commitment to engage in various industrial zones in Ethiopia.

The Chinese Ambassador to Ethiopia Xie Xiaoyan on his part said the agreement is a reflection of the two nation’s commitment for development and this is the first economic tie in Africa and many more steps to follow.

After the signing of the memorandum, MoI State Minister Sisay Gemechu said the agreement is based on an earlier agreement reached by the two prime ministers following their discussion in the capital. (ENA)