Category: Embassy News
A Business Forum aiming to promote investment opportunities in #Ethiopia and attract FDI is held in #Toronto, #Canada.
The Embassy of #Ethiopia organized an investment and Trade Promotion forum in #Toronto, #Canada in collaboration with the Ministry of Economic Development, Job Creation and Trade of Ontario Province and the Canadian Trade Commissioner Service on January 17, 2020 at which more than 40 investors and business personnel participated.
On the event, H.E. Ambassador Nasise Challi welcomed the participants and stressed that Ethiopia presents huge untapped investment and trade opportunities in agro-processing, infrastructure development, manufacturing, Power generation, ICT & telecommunications, PPP in various sectors, Hotel & Tourism, Consultancy service, etc.
The Ambassador also highlighted the all rounded & massive reforms the country has embarked on for over the past two years as well as the home-grown economic reforms. She underscored that there has never been a better time to attract a Foreign Direct Investment in Ethiopia.
Detail Power Point showcasing Ethiopia's untapped potential for FDI, big domestic market, available regional and continental market through COMESA & ACFTA, comparative advantage that the country enjoys in various sectors, easy connectivity via Ethiopian Airlines were presented, Q &A clarifying questions raised by participants was held.
Mr. Bill Macheras, from Canadian Trade Commissioner Service explained the longstanding cordial relation that Ethiopia enjoys with Canada and called upon investors to join an upcoming Canadian Investment and Trade Mission to Ethiopia from February 08-10, 2020.
On his part, Mr. Eyad Qudsi from Ministry of Economic Dev't, Job Creation & Trade of Ontario encouraged investors to widen the scope of their investment and give close attention to newly emerging Economies like Ethiopia.