Ethiopian Consulate Hosts Pre-Investment Virtual Meeting in West Coast of USA

58

Addis Ababa (ENA) May 21/2021 Ethiopia‘s Consulate General in Los Angeles in collaboration with the Ministry of Foreign Affairs hosted a virtual pre-investment meeting on Thursday, Ministry of Foreign Affairs stated.

According to the ministry, the meeting was intended to encourage West Coast companies to explore opportunities and invest in Ethiopia.

It also aims at providing a general overview of the investment opportunities and incentives and packages in energy, agriculture, agro-processing, manufacturing, and other priority areas.

During his opening remark, Consul General of Ethiopia in Los Angeles, Ambassador Mulugeta Kelil appreciated the valuable exchange of views regarding investment opportunities and incentive packages and lead the investors to visit and do business in Ethiopia.

He further assured that the Consulate General office is committed to facilitating the process of visiting and investing in Ethiopia and encouraged all the company representatives who participated in the virtual meeting to visit and start doing business in Ethiopia.

The representatives from the Ethiopian side in general shed light on the untapped investment opportunities and incentive packages of the above-mentioned sectors.

The business company representatives on their part have expressed their interest to invest in Energy, Agriculture, Agro-processing, manufacturing, and other priority sectors of investment opportunities in Ethiopia.

Representatives of companies such as Green Envirotech Holdings and USWTE, Agricultural Orientation Business, Sun Works, Giddy Up Energy Products Inc and Top Form have participated in the meeting.  

Senior officials and experts from the Ministry of Foreign Affairs of Ethiopia, Ministry of Trade and Industry, Ministry of Agriculture, Ethiopian Investment Commission, and consuls from the Consulate General office attended.