Chinese Investors Continue Showing Keen Interest in EthiopiaNovember 12, 2016 - Chinese investors have continued to show a keen interest to invest in Ethiopia, Ethiopian Investment Commission (EIC) head Fitsum Arega has said. The African country in the past three months received 124 investors who have keen interest to invest, out of whom 71 were from China, said Arega. Data from the EIC also show that the number of Chinese investors with keen interest to invest in the country is larger than other countries combined. Arega also expressed his regret and sadness over "the appalling damages, indiscriminate looting and destruction sustained by national and foreign investment projects operating in some parts of Ethiopia and the short-lived state of insecurity". Since, the government has taken decisive measures to restore peace and order and assuage the concerns leveled by various investors," he noted.

Source: Ethiopian News November 13, 2016 00:32 UTC