Two specialized parks open in Ethiopia

[Menelik III]

more on the way.

 

[Shamis]

Wrong website dude...no one gives a shit.

 

[Menelik III]

I'm sure they care, it will benefit Somaliland as well.

 

[Deactivated]

The amount of cheap debt Ethiopia is buying from China is incredible. Give it another 15 years and Ethiopia will be owned by China.

This an opportunity for Somalia to learn from this mistake. That whole industrial park is owned by Chinese private equity. Although I'm happy for the jobs it will create, Ethiopians need be careful when buying cheap Chinese debt.

 

[daacad]

ETHOPIA HA BURBURTO

 

[Von]

CCTV Africa is a branch of the Chinese Communist party's media division so I take their information with salt but have fun with high debt while funding China with a massive amount of resources for pennies. This isn't a hate post but the truth, same goes for all those partnering with China. Ethiopia and others will be an example not to trust their loan/investment programs

 

[Menelik III]

The amount of cheap debt Ethiopia is buying from China is incredible. Give it another 15 years and Ethiopia will be owned by China.

This an opportunity for Somalia to learn from this mistake. That whole industrial park is owned by Chinese private equity. Although I'm happy for the jobs it will create, Ethiopians need be careful when buying cheap Chinese debt.

All of the parks are owned by the Ethiopian government, some are also funded by the Ethiopian government. The governmment doesn't just take out loans to default on them, they have schemes to payback each loan with revenue from said parks. 30% of the sheds are also dedicated for domestic producers. Don't spread your false propaganda around here.

 

[embarassing]

more on the way.

Serious question, why do you log onto a Somali forum to post about Ethiopia?

 

[Canuck]

I'm sure they care, it will benefit Somaliland as well.

Again SL will not recognize, and you are lander.

 

[Canuck]

Serious question, why do you log onto a Somali forum to post about Ethiopia?

Because he is lander.

 

[Deactivated]

All of the parks are owned by the Ethiopian government, some are also funded by the Ethiopian government. The governmment doesn't just take out loans to default on them, they have schemes to payback each loan with revenue from said parks. 30% of the sheds are also dedicated for domestic producers. Don't spread your false propaganda around here.

The park is owned and funded by Chinese Banks.

And it's a tax free industrial park for a reason so Chinese firms can send more money back to China.

Im not attacking you, this is great in the short term, but for the longterm it's has many unforeseen concequences.

 

[Menelik III]

Serious question, why do you log onto a Somali forum to post about Ethiopia?

I came here for the history section but I stayed to troll and I like to discuss current events. I study for long periods of the day so I come on here during my breaks.

 

[Menelik III]

The park is owned and funded by Chinese Banks.

And it's a tax free industrial park for a reason so Chinese firms can send more money back to China.

Im not attacking you, this is great in the short term, but for the longterm it's has many unforeseen concequences.

Nope, we will see where Ethiopia is in 10 yrs...