• Resources
  • About
Saturday, February 27, 2021
No Result
View All Result
Voice of Djibouti
  • fr Français
  • en English
  • Home
  • News
  • Politics
  • Business
  • Regional news
  • Opinion
  • Security
  • China
  • Home
  • News
  • Politics
  • Business
  • Regional news
  • Opinion
  • Security
  • China
No Result
View All Result
Voice of Djibouti
No Result
View All Result
Home Hot news

China-Ethiopia dialogue highlights sustainable investment under BRI

December 1, 2019
in Hot news, News, Regional news
China-Ethiopia dialogue highlights sustainable investment under BRI
52
VIEWS
Share on FacebookShare on Twitter

XINHUANET

29 November 2019

BEIJING, Dec. 1 (Xinhua) — Ethiopia is hoping to attract more sustainable investment from Chinese enterprises as fruitful cooperations have been carried out under the Belt and Road Initiative (BRI).

At the China-Ethiopia High-Level Dialogue on Sustainable Investment held in Beijing on Friday, both Chinese and Ethiopian officials expressed their hope to consolidate collaborations to boost the achievements of sustainable development goals (SDGs).

Aschalew Tadesse Mecheso, a senior official with Ethiopian Investment Commission (EIC), said Ethiopia looks forward to more investment in the sectors of information and communication technology and light industries so as to create more jobs for young people who account for around 70 percent of the country’s population.

Aiming to facilitate knowledge exchanges and build networks to promote sustainable investment in Ethiopia, the event attracted over 200 participants from governments, industries, development agencies and think tanks.

Guo Xuejun with the Ministry of Foreign Affairs took the Addis Ababa-Djibouti Railway as an example of the fruitful cooperations between the two countries under the BRI.

Apart from the railway that has significantly shortened the time of transporting goods from Ethiopia to Djibouti, he also mentioned a new economic cluster that is emerging along the railway with the construction and development of several industrial parks.

China looks forward to working with Ethiopia to initiate more connectivity projects that are high-quality, sustainable, resilient, affordable, inclusive, accessible and broadly beneficial, Guo said.

The country is also dedicated to promoting trade and investment liberalization and facilitation, opposes protectionism and aims to make greater contributions to the implementation of the 2030 Agenda for Sustainable Development, he said.

Beate Trankmann, Resident Representative of the United Nations Development Programme (UNDP) in China, said the BRI’s key projects, which focus on connectivity and integration, could help unlock the funding and know-how to fulfill the SDGs, if relevant investments follow sustainability criteria and principles of the SDGs.

At the event, organized by the UNDP and supported by the Ministry of Foreign Affairs, China’s embassy in Ethiopia and the EIC, investors also discussed the opportunities and challenges to invest in Ethiopia.

 

http://www.xinhuanet.com/english/2019-12/01/c_138596931.htm

 

Tags: Addis Ababa-Djibouti RailwayBelt and Road InitiativeBRIChinaDialogue on Sustainable InvestmentEICEthiopiasustainable investmentUNDP
Next Post
Will east Africa sail off into the sunset with its economy-boosting port projects, or are there clouds on the horizon?

Will east Africa sail off into the sunset with its economy-boosting port projects, or are there clouds on the horizon?

Popular news

  • The Shifting Sands Of Djibouti – Analysis

  • The Chinese Piece in Iran’s War Games

  • Kenya-Djibouti row delays choice of new IGAD leader

  • Ethiopia-Djibouti railway adds impetus to Ethiopia’s agricultural economy

  • Anti-piracy efforts pay off in Indian Ocean, but terrorism still a threat

  • Oriole Resources’ Djibouti vehicle secures funding for major drilling campaign

  • Tanzania Pushes Back on Chinese Port Project

About us

Voice of Djibouti is an online news portal that provides coverage of business and political developments within Djibouti and the wider Horn of Africa. Voice of Djibouti features interesting news items from a range of publications, informative commentary pieces and a number of resources for those seeking information on Djibouti. We aim to become the number one independent news source in Djibouti, ensuring that all Djiboutian’s can keep fully informed of the latest developments.
  • Resources
  • About

© 2019voiceofdjibouti.com

No Result
View All Result
  • Home
  • Politics
  • Business

© 2019voiceofdjibouti.com