New Zealand Company 'ready' to invest in Ethiopia

  • PDF

Addis Ababa, 14 August 2014 (WIC) - A New Zealand Company called Dairy and Beef Solutions has expressed readiness on Tuesday to invest in Ethiopia.

Dairy and Beef Solutions Ltd of Mr. Derek Fairweather, having talks with Ethiopian State Minister of Foreign Affairs, Dewano Kedir in Addis Ababa emphasized his company’s capacity and productivity and outlined what it could contribute to improve the dairy and beef sector.

State Minister Dewano Kedir briefed the company’s representatives about investment in Ethiopia.

The State Minister made clear the investment opportunities in the sector, the peace and stability of the country and the support and follow-up assistance provided by the government for investors in Ethiopia.

He also underlined the advantages of the huge market and cheap labor available in Ethiopia, adding that the agricultural sector was one of the priority areas of the country’s Growth and Transformation Plan.

Mr. Derek Fairweather appreciated the support he has received from the Government of Ethiopia explaining his company’s preparedness to invest here. (ERTA)