The New Year is the new beginning of new ventures and new projects. Ethiopia is among the few fastest growing economies in the world and thus the country has now become a preferred foreign direct investment (FDI) destination in Africa.
According to the recent UNCTAD report, the country takes the leading position in East Africa and ranked 5th on the continent in attracting foreign direct investment.
It is crystal clear that Ethiopia has a wide variety of untapped resources and huge investment potentials in various sectors such as manufacturing (textile & garment, leather & leather products, pharmaceuticals), agriculture, agro-industry, mining, tourism and other service areas.
With a view to attracting more FDI, the construction and expansion of state-of-the-art industrial parks have also been carried out by the Government and private developers across the country.
As 2019 draws to a close and with the start of a new decade on the horizon, the Ethiopian Investment Commission (EIC) wishes all a very Happy New Year. May the New Year bring you all happiness, peace, and prosperity. Wishing you a joyous 2020!
Smart companies invest in Ethiopia!!
EIC Public Relations Directorate