Commission Signs Agreement with China’s CCECC to Invest in Jimma Industrial Park

The Ethiopian Investment Commission has signed an agreement with China Civil Engineering Construction Corporation (CCECC) to invest in Jimma Industrial Park.

Higher officials from the Commission, Industrial Parks Development Corporation and the Embassy of China visited Jimma Industrial Park on Wednesday.

Jimma Industrial Park is one of the public-owned industrial parks that is intended to host multi-sector investment projects and is accessible to both domestic and foreign businesses.

During the occasion, Ethiopian Investment Commission has signed an agreement with China CCECC to invest in the Park.

According to the agreement, CCECC will screen and process the raw coffee and export it to international markets.

This project aims to catalyze the transformation of the sector and provide decent jobs, the commission indicated.

The higher officials also planted seedlings at Jimma industrial park.

CCECC entered the Ethiopian market in 2012 and now is participating in various mega projects including industrial parks in the country.

Source: Ethiopian News Agency