Criticism / Suggestions » With the completion of the light indu

the Ethiopian Investment Commission (EIC), there have been 279 Chinese companies with more than 571-million-U.S.-dollars worth of investment, creating more than 28 Wholesale Nike Just Do It ,300 jobs in Ethiopia between January 2012 and January 2017.


Huajian Industrial Holding Company Limited, a Chinese company that has a long-term investment plan in Ethiopia, is operating two plants in the country.


Yin Xinjun, Vice General Manager at Ethiopia Division of Huajian Industrial Holding Company Limited, says Huajian's decision to have its first plant in Ethiopia stems from the country's firm desire for industrialization.


In fact, a personal call for more investment by late Ethiopian Prime Minister Meles Zenawi during an August 2011 visit to China is what motivated initially Huajian to invest in Ethiopia Wholesale Off White x Nike Shoes , says Yin.


According to Yin, Huajian's investment in its first African plant had overcome several challenges, including logistical ones.


Huajian initially had to transport its goods through an overcrowded highway from the plant in landlocked Ethiopia to Djibouti port.


The problem has been partially solved with the construction of the 85-km Addis Ababa-Adama Expressway funded partly by the Export-Import Bank of China (China EXIM bank) and built by China Communications Construction Company (CCCC).


The 500-million-dollar expressway was inaugurated in May, 2014.


Huajian also had to face intermittent power and water outages. The Ethiopian government later solved this problem through a special water and power line for the Eastern Industry Zone where Huajian's first plant is located.


Overcoming these challenges, Huajian currently employs more than 4,000 Ethiopians with a plan to increase employment to 50 Wholesale Nike Air VaporMax ,000 people by 2022.


Having established a plant in the Dukem industrial zone, 37 km south of Addis Ababa, Huajian is currently building a massive 138-hectare international light industry city in Addis Ababa.


With the completion of the light industry city, Huajian foresees increasing its export revenue from 30 million dollars in 2016 to 4 billion dollars by 2022.


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