Ethiopia: Longterm plan to be the leading Nation in light Manufacturing

Addis Ababa (HAN) February 15, 2015 – Public Diplomacy and Regional Future Infrastructure Investment News.

Ethiopia and Swedish agro technological Processing Workshop was held successfully at Sheraton Addis Ababa. The Regional Future Infrastructure Investment workshop was organized by four renowned Swedish Companies in cooperation with Ministry of Foreign Affairs and the Embassy of Sweden. Dr Mebrahtu Meles State Minister of Industry and Jan Sadek , Ambassador of the Republic of Sweden to Ethiopia made an opening speech both stating the long standing Ethio-Swedish diplomatic relations and appreciating the fast economic growth Ethiopia is registering.

Dr. Mebrahtu stated Ethiopia’s long term plan to be one of the leading nations in light manufacturing. He noted that the long standing cooperation that exists between the two countries is expanding to include areas of trade and investment. He cited the recent engagement of H&M and Erickson in Ethiopia as example to the increasing interest of Swedish companies in Ethiopia.

Appreciating the fact that Swedish investors are currently picking Ethiopia as their investment destination, Jan Sadek recalled Swedish involvement during the Imperial time in primary education and noted more than 6000 schools were built throughout Ethiopia by the Swedish development cooperation. He also appreciated the stride that Ethiopia is making in registering double digit economic growth.

He expressed his hope that the workshop would create conducive environment for mutual learning in agro-processing .During the deliberation Swedish companies gave an experience sharing presentation. De Laval shared its over 125 years of innovation and experience in dairy business, supporting dairy farmers and managing their farms while Tetra Pak world’s leading food processing and packaging solutions company and Alfa Laval another leading global provider of specialized products and engineering solutions through key technologies of heat transfer, separation and fluid handling explained their company best practices. VIP Company which has already made investment in Ethiopia in renewable energy and afforestation shared to the participants about Paulownia Forest Project, a fast growing multipurpose tree, a tree that gives everything from household green charcoal to ethanol, biomass honey and hardwood timber, which are key for development of an agro-industry complex.

Swedish companies such as Volvo, Scania and Atlas Copco attended the workshop through their local agents and retailers. On the Ethiopian side, Ethiopian Sugar Corporation, Ethiopian Investment Commission, Food, Beverage and Pharmaceuticals Industry Development Institute and Meat and Dairy Technology Development Institute presented to the Swedish side about agro-processing opportunities and current development level of the sector in Ethiopia.

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