President Mulatu, China Poly Group Chairman discuss progress of oil, gas project

Addis Ababa, December 14, 2016 (FBC) – President Mulatu Teshome met today with a delegation led by China Poly Group Chairman Yu Baodong to discuss about the progress of the oil and gas project in Ethiopia.

The president assured the chairman Ethiopia’s commitment to extend support to China Poly Group in its endeavor.

“The basis of our cooperation is the excellent relationship of the two countries,’’ he added.

Appreciating Chinese comprehensive economic cooperation, President Mulatu urged the company to continue its cooperation in areas of capacity building of the mega projects during the Second Growth and Transformation Plan.

Poly Group Chairman Yu Baodong said “we hope that through the cooperation of this great project in Ogaden we can play a vital role in the development of Ethiopia and enhance business.’’

According to Baodong, the company has been taking part not only in the oil and gas project in Ogaden but also in providing turbine generators to the Great Ethiopian Renaissance Dam and ship building.

He said “China Poly Group Corporation has always made full use of the opportunities availed in the sectors it is engaged in Ethiopia. The company will further work with the governments of Ethiopia and China to play a significant role in the development of the great country of Ethiopia.’’

The chairman pointed out that China Poly Group is working in cooperation with the Metal and Engineering Corporation (METEC).