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Article: Ethiopia: Country, China to Construct First Private Industrial Zone.
- Article from:
- TendersInfo
- Article date:
- March 21, 2008
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Byline: nitesh03
Ethiopia on Monday signed an accord with a Chinese company for the construction of what is to be the first ever private industrial zone.Under the agreement, Jiangsu Qiyuan Investment Group will construct the zone in Dukem, a small town some 37 kms on the Addis- Nazareth main road at a cost of five billion China Yuan Renminbi.A new type of economy development model based on the almost 20 years' experience from China will appear in Ethiopia," said a written material made available for the media.
The industrial zone whose construction will begin early this year, will encorprate a multi sector industries ranging from investment in textile ...