Ethiopia, South Korea Deepen Strategic Construction and Investment Partnership

Ethiopia and South Korea have taken a major step toward deepening long-term economic and construction-sector partnerships through the Ethio–Korea Specialty Contractors Business Forum held in Addis Ababa.

The forum opened the door for concrete project implementation by Korean contractors, backed by feasibility studies and risk analysis, signaling real investment momentum rather than just discussion.

South Korea reaffirmed its position as one of Ethiopia’s key strategic partners in manufacturing, infrastructure, energy, ICT, digital systems, and industrial modernization.

 Korean companies were praised for their high-quality construction, engineering excellence, discipline, and accountability, setting strong benchmarks in Ethiopia.

With Korea Specialty Contractors Association (KOSCA) representing 60,000 companies and 2 million experts, Korea committed to sharing advanced construction technology, skills development, education, and training, directly supporting Ethiopia’s ambitious infrastructure expansion.

Ethiopian officials highlighted that the partnership aims to evolve from projects to long-term investment ecosystems, while Korea’s Embassy pledged full support to ensure a stable and investor-friendly environment.

Overall, the forum marks a high-impact turning point toward shared growth, technology transfer, and sustained economic cooperation between Ethiopia and South Korea.