Chinese Construction Company Eyes Coffee Exports

Aug 12 , 2023

China Civil Engineering Construction Corporation (CCECC) plans to enter the coffee processing business at Jimma Industrial Park. Located 360Km from Addis Abeba, the Industrial Park houses several agro-processing investment projects on 5,500sqm land. The Company plans to process coffee beans and export them to international markets. Ethiopian coffee exports have quivered around a billion dollars reaching an all-time high last year at 1.4 billion dollars from 300,000tn. Last week, representatives of the company inked an agreement with Daniel Teresa, deputy head of the Ethiopian Investment Commission and Shiferaw Solomon, deputy CEO of the Industrial Parks Development Corporation (IPDC). The signing event was attended by Commissioner Lelise Neme from the Ethiopian Investment Commission and IPDC CEO Aklilu Tadesse.



A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destruction and theft, subjecting the public treasury to hundreds of millions in losses. Nearly half of the country's population does not have access to electricity. A series of projects by the World Bank has contributed to the slight but essential upgrade to the nation's grid, including a 500 million do...



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