Ethiopia Lures U.S.3 Billon FDI in Ten Months of Current Fiscal Year

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Ethiopia received 3 billion USD in Foreign Direct Investment (FDI) in the first 10 months of the current fiscal year., Ethiopian Investment Commission remarked.

Addis Ababa — Ethiopia received 3 billion USD in Foreign Direct Investment in the first 10 months of the current fiscal year., Ethiopian Investment Commission remarked.

Noting we are a bit behind our annual target, but it has increased and showed improvement compared to last year, she said, adding"we are working hard to make sure that we meet our goal, but also to increase it for the coming year." "The industry parks constitute a very important infrastructure that has been built for investors both foreign and domestic. we are providing ready made facilities in terms of infrastructure services, so visitors can quickly come in and become operational."There was a problem processing your submission. Please try again later.

The commission has been working to establish a one stop service where investors can get all licenses and permits that they need to operate in the country. "We have made a lot of strides over the last year; particularly there have been many changes in the policy environment to make Ethiopia a favorable destination for investment."

 

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