Ethiopia Carrying out Tremendous Job in Attracting New Investors, FDI: Embraer Aerospace Company

Addis Ababa, May 17, 2025 (ENA) -- Ethiopia has done a tremendous job in attracting new investors and FDI by improving regulations and the investment climate, Embraer (one of the largest aerospace companies in the world) Institutional Relations for Africa and Middle East General Manager Hussein Dabbas said.

In an exclusive interview with ENA, the general manager noted that Ethiopia has been improving regulations, the investment climate, and all the regulatory frameworks that attract investors to come and invest in the country.  

Coming from an aircraft manufacturer company, “we see that Ethiopian Airlines is the largest airline in Africa and one of the biggest in the world,” he said.

“We believe the growth that has happened in the transportation sector is extremely impressive.” 

For Dabbas, the trajectory of the government and leadership of Ethiopia has definitely pushed the nation into the forefront of countries that attract foreign direct investment.

“All the sectors in Ethiopia are very attractive for investors,” the general manager said, adding that “the transportation sector is very conducive to attracting investments in the infrastructure of transportation.”

According to him, the infrastructure that Ethiopian Airlines has built in the country, whether it is cargo handling, maintenance facilities, and training centers, is really classy.

Expressing his firm hope that Embraer will be part of the investment that is taking in the country, Dabbas said “I don’t see any business in this country that is not growing and changing its regulatory environment to the positive, to attract FDI into Ethiopia.”

Embraer is in discussion with the aviation sector in Ethiopia about how to be part of the growth plan for the next 10-20 years, the general manager revealed. 

The liberalization of key industries such as telecommunications, logistics, energy, and banking has deepened investors’ confidence to come and invest in Ethiopia.

Under the leadership of Prime Minister Abiy Ahmed, Ethiopia has embarked on comprehensive reforms within the framework of the Home-grown Economic Reform.

Following the macroeconomic reform, the government's revenue is rising, exports are surging, foreign exchange reserves have more than doubled and inflation is declining.