Ethiopia is Copying China’s Development Zones and Industrial Parks

[onebyone]

Ethiopia has invested about 1.3 billion U.S. dollars in the construction of around a dozen industrial parks, plans to increase the number of operational industrial parks from the current five to around 30 by 2025. Image courtesy: AP

Ethiopia wants to be a light manufacturing hub and lower-middle-income economy in the same period.

Chinese companies are buidling large energy projects in Ethiopia, including a high voltage electric transmission line to a 6,450 MW hydro dam currently under construction on Blue Nile river, the 51 MW Adama I and 153 MW Adama II wind farm projects and the 300 MW Tekeze hydro project.

Ethiopia is currently undertaking massive energy projects which it hopes will increase the electricity generation capacity of the country from the current 4,300 MW to 17,300 MW by 2020.

Africa Needs Strong Ethiopia-China Style Growth
If Africa only has an average of 5% GDP growth then in 2060 Africa will reach about $5600 per capita GDP. This would be a fantastic improvement over where things are today and it would be difficult to sustain stability and consistent growth at that level. However, it should be possible for other countries to copy Ethiopia and achieve 8-11% per year GDP growth. High growth levels means that Africa could reach South Korean levels of per capita income in 2060.

Ghana and Sudan have over 4% per capita GDP growth.

Sudan has about 40 million people and per capita income on an exchange rate basis of about $2000 per person.

Ghana has about 28 million people and per capita income on an exchange rate basis of about $2000 per person.

Egypt can have decent economic growth but it has not been consistent.

SOURCES- African Development Bank Group, Brookings Institute, World Bank

Written By Brian Wang, Nextbigfuture.com


https://www.nextbigfuture.com/2019/...and-africa-rising-requires-good-policies.html

 

[HAIDER]

I drink Ethiopian coffee every day, but lighter version.

 

[Kyle Sun]

Hardworking people deserve a better life.

 

[Menthol]

I hope for the best for Ethiopian people.

 

[sinait]

Some credit should be given to Singapore.
http://news.asiaone.com/News/the+Straits+Times/Story/A1Story20100519-217043.html
Dr Goh helped shape China's economy: Zhao Ziyang's son
And in 1981, then Premier Zhao Ziyang came to Singapore to get a first-hand look at how the country
had developed.

It was to lead to Dr Goh Keng Swee being appointed China's first foreign adviser in 1985, a year after he left politics.

http://news.asiaone.com/News/AsiaOne+News/Singapore/Story/A1Story20100514-216195.html
He spearheaded many of the most impressive public policy achievements in Singapore: Economic Development Board (EDB), the Development Bank of Singapore (DBS), the Jurong Industrial Estate.
.

 

[OIO]

Ethiopia has invested about 1.3 billion U.S. dollars in the construction of around a dozen industrial parks, plans to increase the number of operational industrial parks from the current five to around 30 by 2025. Image courtesy: AP

Ethiopia wants to be a light manufacturing hub and lower-middle-income economy in the same period.

Chinese companies are buidling large energy projects in Ethiopia, including a high voltage electric transmission line to a 6,450 MW hydro dam currently under construction on Blue Nile river, the 51 MW Adama I and 153 MW Adama II wind farm projects and the 300 MW Tekeze hydro project.

Ethiopia is currently undertaking massive energy projects which it hopes will increase the electricity generation capacity of the country from the current 4,300 MW to 17,300 MW by 2020.

Africa Needs Strong Ethiopia-China Style Growth
If Africa only has an average of 5% GDP growth then in 2060 Africa will reach about $5600 per capita GDP. This would be a fantastic improvement over where things are today and it would be difficult to sustain stability and consistent growth at that level. However, it should be possible for other countries to copy Ethiopia and achieve 8-11% per year GDP growth. High growth levels means that Africa could reach South Korean levels of per capita income in 2060.

Ghana and Sudan have over 4% per capita GDP growth.

Sudan has about 40 million people and per capita income on an exchange rate basis of about $2000 per person.

Ghana has about 28 million people and per capita income on an exchange rate basis of about $2000 per person.

Egypt can have decent economic growth but it has not been consistent.

SOURCES- African Development Bank Group, Brookings Institute, World Bank

Written By Brian Wang, Nextbigfuture.com


https://www.nextbigfuture.com/2019/...and-africa-rising-requires-good-policies.html

very optimistic about their future.

Some credit should be given to Singapore.
http://news.asiaone.com/News/the+Straits+Times/Story/A1Story20100519-217043.html
Dr Goh helped shape China's economy: Zhao Ziyang's son
And in 1981, then Premier Zhao Ziyang came to Singapore to get a first-hand look at how the country
had developed.

It was to lead to Dr Goh Keng Swee being appointed China's first foreign adviser in 1985, a year after he left politics.

http://news.asiaone.com/News/AsiaOne+News/Singapore/Story/A1Story20100514-216195.html
He spearheaded many of the most impressive public policy achievements in Singapore: Economic Development Board (EDB), the Development Bank of Singapore (DBS), the Jurong Industrial Estate.
.

Singapore isn't friendly to China while majority are Chinese.

 

[sinait]

very optimistic about their future.

Singapore isn't friendly to China while majority are Chinese.

I don't blame you for your ignorance.
Singaporeans, especially the younger generation, are bombarded with anti China propaganda all their lives from US media and US influenced local English media.
How not to be influenced especially some Chinese display of arrogance in Singapore don't help, and I personally had this experience.
I do not blame these arrogant Chinese, it is part of growing up and their behavior will change for the better as they get used to their more affluent life and walk out of their past.
Its the same here in Singapore much earlier, and we Singaporeans were flouting our wealth in Taiwan in the 70s.

We cannot be seen as pro China as our economy and security very much depended on the US previously and as of now.
No matter how evil the US, we were grateful for the assistance afforded by the US.

Don't be deceived by what you see on the surface.
If you delve deeper, you will discover the contributions of Singapore and Singapore individuals towards the rise of China.
https://www.straitstimes.com/opinion/singapores-friendship-with-china
Since 2013, Singapore has become the largest investor in China.

Imagine the consequences if the US sanctioned Singapore.
.

 

[OIO]

I don't blame you for your ignorance.
Singaporeans, especially the younger generation, are bombarded with anti China propaganda all their lives from US media and US influenced local English media.
How not to be influenced especially some Chinese display of arrogance in Singapore don't help, and I personally had this experience.
I do not blame these arrogant Chinese, it is part of growing up and their behavior will change for the better as they get used to their more affluent life and walk out of their past.
Its the same here in Singapore much earlier, and we Singaporeans were flouting our wealth in Taiwan in the 70s.

We cannot be seen as pro China as our economy and security very much depended on the US previously and as of now.
No matter how evil the US, we were grateful for the assistance afforded by the US.

Don't be deceived by what you see on the surface.
If you delve deeper, you will discover the contributions of Singapore and Singapore individuals towards the rise of China.
https://www.straitstimes.com/opinion/singapores-friendship-with-china
Since 2013, Singapore has become the largest investor in China.

Imagine the consequences if the US sanctioned Singapore.
.

Singapore, Taiwan, Hong Kong Chinese are more close to west than Malaysia Chinese.

 

[sinait]

Singapore, Taiwan, Hong Kong Chinese are more close to west than Malaysia Chinese.

You mean the Chinese educated Malaysia Chinese.
One have to be practical, the West controls the world financial system.

Even China dare not antagonize the US too much.
We are the last in South East Asia to have diplomatic relations with China even though we did most of the work to promote China among Asean, WHY?
We did not want to alienate our neighbors.

http://eresources.nlb.gov.sg/history/events/4181dd20-df08-4ff5-8d93-620350b639fd
Singapore establishes formal diplomatic relations with China
3rd Oct 1990

Before Singapore established formal diplomatic relations with China, it was already enjoying close economic and political ties with China albeit on an informal basis. For instance, both sides had been exchanging regular official visits since then Prime Minister Lee Kuan Yew’s maiden trip to China in May 1976 and then Chinese Senior Vice-Premier Deng Xiaoping’s visit to Singapore in November 1978.[1] Lee and Deng also signed a trade agreement on 29 December 1979 and set up respective trade representative offices in 1981 to strengthen economic links between the two countries.[2] In light of these developments, Singapore’s establishment of diplomatic relations with China was seen by many as a formality.[3] In fact, it could have occurred earlier but Singapore had decided to delay the process.
This was because Singapore wanted its neighbouring countries, in particular Indonesia, to normalise relations with China first.

Though Singapore is majority Chinese, we are but a DOT, 3 million previously, in a sea of Malay nations that were
hostile to China.
We facilitate exports of China to these neighboring countries which have no dealings with China due to their fear of communism.
Do not judge based on superficial appearances.
We also need to survive and prosper, not take sides and meddle in world geopolitics.
.

 

[oprih]

Countries only copy from the best. China is practically the best now beating murica in almost every field, that's why most countries want to be like China, a rich and peaceful country, not the warmongering and bankrupt murica.