A high level delegation led by Prime Minister Hailemariam Desalegn arrived in Beijing on Tuesday (September 2) to attend the 70th anniversary of the Chinese People's Victory Day marking the end of World War II.
The anniversary victory parade will showcase 12,000 Chinese soldiers as well as an array of domestically-produced military hardware, and close to 1,000 foreign troops. Many world leaders including UN Secretary-General Ban Ki-moon are attending the ceremonies. Prime Minister Hailemariam and his delegation which includes Foreign Minister Dr. Tedros will also be holding a series of bilateral discussions with Chinese officials as well meeting business companies.
A conference has been organized under the title 'China- Ethiopia International Production Capacity Cooperation' and the Ethiopian delegation will take part in five business fora organized in different provinces of China.
The delegation will also hold discussions with selected companies on investment in manufacturing and industrial zone development in Ethiopia. It will meet with various financial institutions and construction companies to discuss issues of development finance and on ways for these companies to work in cooperation with the Government on the Build, Operate and Transfer (BOT) modality.
The delegation will also hold discussions with Chinese Government enterprises and private companies on joint ventures with Ethiopian counterparts for investment in Ethiopia.
The delegation has already met with Mr. Liu Qitao, Chairman of the China Communication Construction Company, Mr. Zha Weimin, Vice President of the China Export and Credit Insurance Cooperation (SINOSURE), and the Vice President of the China Poly Group Corporation. Mr Weimin assured the delegations that SINOSURE will continue its commitment to support companies that are involved in projects in Ethiopia, particularly those involved in the major infrastructural projects.
Prime Minister Hailemariam, who welcomed SINOSURE's active involvement in Ethiopia's development, urged it to renew its commitment to continue supporting the country during the second phase of the Growth and Transformation Plan (GTP II) which begins next year.
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