PM Abiy Scouts Investment Opportunities

Addis Ababa January 23/02019 Prime Minister Abiy Ahmed scouts investment opportunities by meeting selected multinational corporations in Davos, Switzerland, according to the Ministry of Foreign Affairs. 

Premier Abiy held the Investment Strategy Dialogue with selected CEOs of multinational corporations in line with evident progresses and improvements that are tangible despite challenges and setback in the country.

Ethiopia is one of the fastest-growing economies in the world, the Premier stated, and noted “with enormous untapped investment opportunities in agriculture, textile, agro-processing, infrastructure and various segments.”

Furthermore, Abiy told the CEOs on the country’s great strides including Growth and Transformation Plan (GTP) to be upfront in the narrative of Africa rising.

To do this, the Premier elaborated that government is actively promoting private sector investment with attractive incentive packages coupled with intense government projects aimed at achieving its Millennium Development Goals (MDGs) as the country aims to become a middle income status by 2025.

Ethiopia’s economy, which is one of the fastest growing economies in the world, is expected to continue its rapid growth.