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Ethiopia seeks more investment

By Ding Qingfen | China Daily | Updated: 2011-05-05 07:53

Ethiopia seeks more investment

African nation hopes to attract greater involvement from Chinese companies

ADDIS ABABA, Ethiopia -The Ethiopian Prime Minister Meles Zenawi said he foresees continued investment in the country from China, especially in infrastructure and manufacturing, sectors that are vital for the country's economic growth.

China is already a major investor in Ethiopia, Zenawi said, but there is still huge room for growth, particularly as the country has launched its second five-year plan, set to end in 2015, which is known as the Growth and Transformation Plan (GTP).

Ethiopia seeks more investment

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