Eastern Industry Zone in Ethiopia had formally won the bid of oversea economic and commercial cooperation zone of Ministry of Commerce of China in November，2007. It was invested and constructed by Jiangsu Yongyuan Investment Co.，Ltd. After almost 10 years development，the infrastructure of Eastern Industry Zone has been improving constantly，and the supporting service has been increasing and foreign investment inflow has been rising stably. Being an investment platform of vital significance，the Eastern Industry Zone has also made some great contributions to local economic and social development. Meanwhile，Eastern Industry Zone also has been facing some problems during operation，such as unstable elements in Ethiopian political situation，shortage of foreign exchange，own capital stress，and difficulties in self-management ability. In order to promote sustainable development of Eastern Industry Zone，governments and enterprises should make joint efforts