China's South-South Cooperation Assistance Fund supports PCP Ethiopia

China's South-South Cooperation Assistance Fund supports PCP Ethiopia

VIENNA, 12 July 2019 – Within the overall framework of economic and technical cooperation between the Government of China and the United Nations Industrial Development Organization (UNIDO), an agreement was signed on 15 May 2017, through which China committed an initial pledge from the South-South Cooperation Assistance Fund (SSCAF) to support projects in the field of inclusive and sustainable industrial development and other potential cooperation areas.

Designed within the framework of the Programme for Country Partnership (PCP) for Ethiopia, a new UNIDO project on live stock value chain development will benefit from SSCAF funding – a related funding agreement was recently signed by UNIDO Director General LI Yong and Vice-Chairman of China’s International Development Cooperation Agency (CIDCA) ZHANG Maoyu.

“The project will improve the competitiveness of Ethiopia’s livestock value chain”, said LI Yong. “It will also serve as a model for other UNIDO projects applying for SSCAF financing”.

The project will contribute to Ethiopia’s inclusive and sustainable economic development by strengthening institutional and training capacities of livestock value chain actors and creating additional employment opportunities for youth, women and other vulnerable groups. The project is in line with Ethiopia’s Livestock Master Plan and will support the implementation of the national development strategy - the “Growth and Transformation Plan (GTP II, 2015-2020)”.

The SSCAF aims to support developing countries’ implementation of the 2030 Agenda for Sustainable Development. Its establishment was announced by President XI Jinping on behalf of the Government of China at the occasion of the United Nations Sustainable Development Summit on 26 September 2015.

For more information, please contact:

Jie Zhao

Industrial Development Officer

UNIDO Department of Programmes, Partnerships and Field Integration