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Indian investors expressed their desire to invest in Ethiopia

 

Addis Ababa, Indian investors expressed their desire to invest in various sectors in Ethiopia.

 

A forum organized jointly by the Ethiopian Embassy and the Industrial Parks Development Corporation to attract foreign direct investment was held in Chennai, India.

 

More than 60 investors and manufacturers engaged in pharmaceutical, textile and apparel and other investment sectors participated in the forum in Chennai city.

 

At the investment forum, there was a wide explanation about the investment options available in Ethiopia and the favorable conditions in the industrial parks.

 

In addition, the infrastructure in the industrial parks, investment incentives and benefits were explained.

 

The investors stated that there is an untapped and huge investment potential in Ethiopia in many sectors and expressed their desire to invest in the pharmaceutical, textile and clothing sectors in Ethiopia.

 

The information we received from the corporation also indicates that discussions were held with investors who showed interest in investing in the short term at the side of the forum.

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