Addis Ababa, April 11, 2013 (WIC) - Prime Minister Hailemariam Desalegn has invited investors in East Africa to make use of the suitable investment situation in Ethiopia.
The Premier extended the invitation during a discussion in Nairobi with investors from Kenya, Sudan and other countries in the region while he was there to attend the inaugural ceremony of Kenya’s new President, Uhuru Kenyatta.
Hailemariam encouraged the investors to engage in manufacturing, textile, leather industry and horticulture sectors which he said the country would prioritize as the sectors boost foreign trade. He said both the investors and the nation would benefit from investing in those sectors.
On the occasion, a company engaged in horticulture development in Kenya that has also invested in the same business in Ethiopia expressed interest to expand the business in Ethiopia and create job opportunity for 1250 citizens.
Investors engaged in the financial, telecommunications, and agriculture sectors from Kenya and other countries commended the activities of Ethiopia to interconnect the region with infrastructure, particularly in the energy sector.
According to ERTA’s reporter Yetimwork Zeleke, the investors have expressed interest to make use of the suitable investment situation in Ethiopia.
Ethiopian Ambassador to Kenya Shemsedin Ahmed said the investors would visit Ethiopia.
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