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CCECC plans to take-on real estate in Ethiopia, Africa

Engaged in major construction projects in Africa and Ethiopia, ranging from the development of industrial parks to the construction of airport facilities, China Civil Engineering and Construction Company (CCECC) has announced plans to engage in the real-estate sector in Ethiopia as well as other African countries to avert risks related to giant projects it is implementing in the continent.

China sends business delegates

A group of 100 Chinese, representing 57 companies, arrived in Addis and held a series of meetings with officials and local businesses. On Friday, a meeting dubbed “China Zhejiang- Ethiopia Trade and Investment Symposium,” was held and accompanied with the launch of a Liaison Office for Commerce and Trade Arbitrations.

PetroChina wins fuel tender

The Chinese oil firm, PetroChina, has won the bid put by the Ethiopian Petroleum Supply Enterprise (EPSE) for the supply of fuel in 2019.

CCCC to establish regional office in Addis

With a growing Chinese presence within Ethiopia, China Communications Construction Company Ltd (CCCC) is set to make its regional head office at Addis Ababa. To be called CCC’s East Africa Head Office, Technology and Innovation Center for Construction Technologies, it will be situated on a 30,000 m2 plot of land.