ADDIS ABABA, July 6 (Xinhua) -- The Chinese companies in Ethiopia are playing a significant role in the country's economic development, Ethiopian Finance Minister Ahmed Shide said here Wednesday. "The way Chinese companies work in Ethiopia is very much in a responsible way when it comes to contributing to the development of the country. Aklilu Tadesse, chief executive officer of Ethiopia's Industrial Parks Development Corporation, said during the forum that China's engagement has propelled Ethiopia's quest to become the manufacturing hub of Africa. In addition to constructing the majority of the industrial parks across Ethiopia, Chinese companies are also the main sources of investment inside the industrial parks, Tadesse said. The forum brought together senior Ethiopian government officials, representatives from Chinese enterprises in Ethiopia and their Ethiopian counterparts, as well as diplomats in the East African country.

Source: Ethiopian News July 06, 2023 11:03 UTC