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.
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