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Turkey pours $1.2bn worth investment into Ethiopia surpassing China

Related Keywords: Addis Ababa, development assistance, Ethiopia, investment -related job creation, large-scale projects, pour $1.2billion, small scale projects, surpassing China, Textile Industry, Turkish investors

Turkish investors although has arrived later for development assistance to Ethiopia then China, but have managed to pour some $1.2 billion worth of investment into Ethiopia surpassing investment done by China.

China, the Asian giant’s investment in the African state lack volume, despite China’s outstanding record of development assistance to Ethiopia, it has invested only $836 million over the past ten years, Debela Habte, a senior public relations expert said.

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