CHONGQING (CQNEWS) -- A total of 7 Chongqing enterprises signed a strategic cooperation agreement with Ethiopia in Beijing on June 7th, vowing to develop a number of projects in Addis Ababa, capital of Ethiopia.

The projects focus on the construction of governmental affordable housing, five-star hotels and industrial parks. The local government vows to create the best environment for investors by vigorously boosting infrastructure construction.

The political stability, social security and strong legal protection in Ethiopia will be the most preferential advantages for Chinese enterprises to invest in.