Ethiopia likes to see more Chinese companies investing in the African country in order to transfer their advanced technologies and impart knowledge, said an Ethiopian top official.
            
            
                HEFEI - Addisu Legesse Kerekurat, a former Ethiopian vice-premier,  said here on Wednesday that as it is keen to develop its economy,  Ethiopia likes to see more Chinese companies investing in the African  country in order to transfer their advanced technologies and impart  knowledge.
Addisu, a member of the executive committee and president of the  Central Party School of the Ethiopian People's Revolutionary Democratic  Front, reiterated that Ethiopia, as one of China's friendly developing  countries, has shared a similar strategy in promoting economic  development and improving people's livelihoods.
Leading a delegation to visit China's Tiesiju Civil Engineering Group  Co Ltd (CTCE) in East China's Anhui province, he noted: "We'd like to  see more powerful companies like CTCE in China investing in our  country."
As China and Ethiopia are playing important roles in economic  development, this to some degree is promoting Sino-Ethiopian ties, he  added.
During the meeting, CTCE Board Chairman Zhang Hechuan briefed the  guests on his company's current operations in Ethiopia. CTCE, according  to Zhang, is a large State-owned construction enterprise with a history  of more than 60 years and an annual turnover of over $7.4 billion. It is  also a major subsidiary and a pilot company of the China Railway  Engineering Corporation, a Fortune Global 500 company.
"With trust from both of our governments, CTCE was honored to be  selected as the contractor for the China-aided rural school in Mekelle,  which was one of 100 rural schools to be built in Africa by China," said  Zhang.
He noted that the project, whose main structure was completed within  just four months after the builders overcame a number of difficulties,  "won praise from both the Ethiopian government and people, and is a new  example of China-Ethiopia friendship".
Zhang also noted that another contract on the 97.5km-long Yebelo-Mega  road, which was won last year, worth some $56 million, has led to a  road being constructed since last September.
In recent years, CTCE has been a very keen player in the  international market and has witnessed tremendous growth in overseas  operations, Zhang said.
In Ethiopia, Nigeria, Tanzania, Switzerland, Ecuador, Nepal and a  dozen other countries, the Group has completed or is undertaking more  than 100 railway, highway, building and water-related projects. 
Speaking of the importance of projects which improve people's  livelihoods, Addisu noted that his government had made a series of  policies focusing on basic structural change, such as telecom, roads,  and railways. 
"We plan to build 2,000 kilometers of railway and 10,000 kilometers  of roads at the first stage of the project in the next five years,  considering our infrastructure is still in an early stage," said Addisu.
Sino-Ethiopian ties have kept healthy and sustainable since  diplomatic relations were established in 1970. There are many large  cooperation projects between the two countries, including economy,  culture, medicine, education and so on.
Addisu confirmed that the Ethipian government will support CTCE and  other large companies in the progress of investing in his country, and  the friendship between the two countries will continue.