On May 10th, China Civil Engineering Group Co., Ltd., a subsidiary of China Railway Construction Corporation, signed an agreement with the government of Oromia Oblast in Ethiopia to cooperate in the construction and development of the Lemei Free Trade Zone within the Gada Special Economic Zone.

Both parties signed an agreement at the launch ceremony of the Jakarta Special Economic Zone held on the same day. Ethiopian Prime Minister Abi said at the ceremony that the Le Mei Free Trade Zone is the second free trade zone in Ethiopia after the Dredawa Free Trade Zone. After completion, it will provide employment opportunities for the rapidly growing young population and also attract foreign direct investment, bringing opportunities to promote Ethiopia's economic growth.

Dai Hegen, Chairman of China Railway Construction Corporation, stated that the Le Mei Free Trade Zone not only has geographical advantages, but also will use its unique role as a special economic zone to promote Ethiopia's economic development and industrial upgrading. Keywords: the Belt and Road, the Belt and Road News, the Belt and Road Project.

It is reported that the Lemei Free Trade Zone is located southeast of the Ethiopian capital Addis Ababa, at the intersection of the Addis Ababa Djibouti Railway and Expressway, with a planned area of 10.67 square kilometers. Both parties will introduce advanced international technology and management experience, combined with local resources, to build it into a comprehensive free trade zone that integrates production, trade, and research and development, with a focus on coffee processing, bamboo and wood processing, and mechanical equipment manufacturing. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen