Addis Ababa, 9 December 2013 (WIC) - Iranian companies interested to invest in Ethiopia: Ethio-Iran Parliamentary Friendship Group

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Addis Ababa, 9 December  2013 (WIC) - Iranian companies are showing interest to invest in Ethiopia in various areas, the Ethio-Iran Parliamentary Friendship Group said.

While conferring with Foreign Affairs State Minister Birhane GebreChirstos, the Group said Iranian has a number companies engaged in agriculture, pharmaceuticals and other areas.

These companies are willing to invest in Ethiopia and share their best practices among local companies.

The Group urged the Ethiopian government to facilitate things to establish cooperation between Iranian and Ethiopian universities.

According to ERTA, the Minister on his part urged Iranian investors to utilize the booming economy in Ethiopia by engaging in various sectors, according to a high level official.

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