Italian Deputy Minister for Economic Development to visit Ethiopia

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Addis Ababa, 26 August 2014 (WIC) - The Italian Deputy Minister for Economic Development, Carlo Calenda, will visit Addis Ababa on the 28th August accompanied by a high-level Italian business delegation.

Minister Calenda will have meetings with Ethiopian government authorities including Prime Minister Hailemariam Desalegn, Deputy Prime Minister for Finance and Economic Cluster and Minister of Communication and Information Technology Dr. Debretsion Gebremichael and with CEOs of State companies.

The purpose of the visit, which comes after a number of high-level talks on economic cooperation between Italy and Ethiopia in the last years, is to further explore trade and investment opportunities in Ethiopia.

The Italian companies included in the business delegation operate in different sectors such as engineering, renewable energies, industrial plants, metals, high-technology electronics, cement, constructions, credit-insurance, oil & gas, road management, infrastructures, foreign investment protection services, ground engineering and drilling. Some of the companies are already working in Ethiopia, like Italferr (railway transport engineering), which is currently engaged in the new Addis Ababa Light Rail and in the Addis-Djibouti Railway management systems. Also Salini, which is involved in the construction of the Grand Ethiopian Renaissance Dam, is part of the delegation.

According to a statement the embassy of Italy sent to WIC today, the Director General of the Italian Trade Agency, Roberto Luongo, will also be part of the business group, in view of the upcoming opening of a new office of the Italian Trade Agency in Addis Ababa.