A Consultancy firm based in Addis Ababa
Shangtex Holding Co. Ltd has signed a lease agreement with the Ethiopian Industrial Parks Development Corporation to invest at Bole Lemmi II Industrial Park.
Shangtex is the second largest textile company in China.
The agreement was signed here by Lelise Neme, CEO of the Corporation and representative of the Chinese company.
Lelise said on Twitter that the company will invest $65 million at the industrial park and create jobs for more than 4,000 people.
Source – Fana Broadcasting Corporate
China Civil Engineering Construction Corporation (CCECC) on signed an agreement with Ethiopia Dire Dawa city administration to construct an industrial park in the city.
The agreement was signed by Ahmed Bohh, Deputy Mayor of the Dire Dawa City Administration and Guo Chongfang, CEO of CCECC.
CCECC has a plan to build the industrial park on a total of 370 hectares of land.
The Dire Dawa industrial park will mainly be used as a textiles manufacturing
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