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Chinese firm to invest $2bn in Ethiopian 'shoe city'

02/05/2013

A Chinese footwear company has committed to spending $2 billion over the next decade in setting up a ‘shoe city’ on the outskirts of Addis Ababa. Huajian wants to transfer its skills to locals in Ethiopia, so they can become the managers of the enormous facility, reported UK publication The Guardian. Huajian's vice-president, Helen Hai, said she ...

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