M a r k e t N e w s

Ethiopia Looks for Chinese Collaboration in energy sector

Posted on : Friday , 8th November 2019

 Ethiopia is seeking to boost energy approach in the country, and it looks forward to more cooperation and involvement of Chinese companies that could acomplish the existing opportunities in the East African country, the Ethiopian State Minister of Water, Irrigation and Energy, Firehiwot Woldehana, noted.

Speaking at the China-Africa Energy Cooperation Forum in Ethiopia's capital Addis Ababa, the State Minister said the government is working hard to enhance the current situation in terms of energy access in the country, which is around 44 percent, including both grid and off-grid connections.

Noting the country's target to recognize universal power supply over the next six years, Firehiwot said opportunities thrive in the sector for foreign investors, including Chinese companies.

Attending the Forum, Chen Chao, chief representative of SGCC CET, told Xinhua that the event is a good platform to exchange ideas and information in the area. The company is wholly-owned subsidiary of the State Grid Corporation of China.

Chen said that the Chinese are devoted to further strengthening cooperation with Africa, and Ethiopia in particular in the energy sector.

Source : www.expogr.com
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