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Ethiopian Investment Commission has signed four MoUs with Chinese companies

OBN April 26, 2019- On the margins of the Belt and Road Forum, Ethiopian Investment Commission has signed four MoUs with Chinese companies that have decided to invest in Ethiopia.

These include:

1. Taison Group and Green Diamond which will establish a large-scale bamboo pulp-paper manufacturing in Assosa, Benshangul Gumuz with a capacity to manufacture 1 million tons pulp paper per annum

2. Amity Printing

Will set up a printing factory in Ethiopia.

3. CGCOC Group

CGCOC Group has agreed to establish a fully integrated livestock and meat processing plant with an annual slaughtering capacity of 300,000 castles and 3 million sheep in Awash, Fentale.

4. Zhende Medical Products Manufacturing

Zhende Medical Products Manufacturing will invest in a pharmaceutical plant in Kilinto Industrial Park to manufacture wound care, surgical sensory, pressure therapy and fixed products.  Photo credit:- PMOEthiopia