Ambassador Reaffirms China’s Commitment to strengthen cooperation with IPDC

Addis Ababa, June 29, 2023 (FBC) – Chinese Ambassador to Ethiopia, Zhao Zhiyuan held a discussion with Aklilu Tadese, Industrial Parks Development Corporation (IPDC) CEO.

Chinese Ambassador to Ethiopia, Zhao Zhiyuan during the discussion said that China will continue to strengthen the work it has started with the Ethiopian Industrial Parks Development Corporation (IPDC) in terms of investment and related issues.

Zhao Zhiyuan added that works will continue to strengthen the started relationship with IPDC regarding investment and related issues.

It is stated that Aklilu Tadesse provided updated information about the industrial parks and Dire Dawa Free Trade Zone managed by his corporation and invited Chinese investors to invest in the investment hubs.

He also presented in detail the reforms made by the government in terms of policies and incentives for foreign and local investors.

“China and Ethiopia have a strong relationship and cooperation that has not wavered in challenges and stated that this brotherhood should be strengthened more than ever in terms of economy and investment” the CEO has stated.

He confirmed that the industrial parks and Dire Dawa Free Trade Zone are convenient places for Chinese investors.

Ambassador Zhao on his part that IPDC is in a standard position to realize the industrialization journey that the country has started and confirmed that his embassy is fully prepared to cooperate with IPDC in terms of education and training in addition to investment.