Investors Urged to Invest at  Dire Dawa Free Trade Zone  

Addis Ababa, August 21/2024 (ENA)  Deputy Prime Minister Temesgen Tiruneh called on investors to capitalize on the favorable investment climate created by the macroeconomic policy reform, which the country has been fully implementing since recent time. 

The Deputy Prime Minister made the remarks while visiting the activities of  Dire Dawa Free Trade Zone.

Located near the Port of Djibouti, the Dire Dawa Free Trade Zone provides investors with expedited and cost-effective services, facilitating the importations of goods to the Ethiopian market, he emphasized.  

He added that the  trade zone provides a one-stop center for government services and is instrumental in facilitating logistics and products distribution.  As a key component of the Eastern Economic Corridor, it is also expected to create significant job opportunities.

Highlighting the zone’s potential, the deputy prime minister emphasized its modern infrastructure and facilities are designed to meet the needs of both investors and employees. 

Dire Dawa Mayor Kedir Juhar echoed the Deputy Prime Minister's sentiments, emphasizing the zone's role in stimulating local economic activity and job creation.  The mayor also outlined the administration's commitment to enhancing the zone's competitiveness to maximize its contribution to Ethiopia's economic growth.