ADDIS ABABA (HAN) July 20.2016. Public Diplomacy & Regional Security News. By Yohanes Jemaneh. German businessmen are keen to invest in Ethiopia and the response of the nation is also appreciative.
Prime Minister Hailemariam Dessalegn said the engagement of German investors in Ethiopia is increasing through time and it is believed to support Ethiopia’s transformation from agri-led to industry economy. German investors have also expressed desire to engage in various sectors in Ethiopia.
Following talks with German investment delegation yesterday, Prime Minister Hailemariam Dessalegn said German investors could use the opportunity that Ethiopia facilitated for investors in the agricultural, infrastructural and manufacturing sectors.
The Premier also invited the delegates to invest in the construction, industrial park and mainly manufacturing sector.
German Ambassador Joachim Schmidt on his part said that his German investors are interested to utilize opportunities offered in the second Growth and Transformation Plan.
He also said that German businessmen are keen to invest in Ethiopia and the response of the nation is also appreciative.
German-African Business Association Chairperson Dr. Stefan Leibing said that German investors would invest in the agriculture, infrastructural development and mainly in the manufacturing sector specially automotive industry
According to him, the bilateral relations between the two countries need to grow thereby supporting the growth of the economy.