Plan and Development Minister has called on Saudi investors to explore Ethiopia's investment opportunities that have become highly remunerative on the heels of policy reforms.
Plan and Development Minister has called on Saudi investors to explore Ethiopia 's investment opportunities that have become highly remunerative on the heels of policy reforms.
Accordingly, Saudi Arabian investors can engage in various investment areas through exploring business opportunities including tax incentives, she indicated. She highlighted that sectors such as agriculture, manufacturing, construction, and real estate are particularly lucrative for foreign investment.
Chairman of the Federation of Saudi Chamber, Hassan Moejeb on his part expressed his optimism about the potential for enhanced collaboration."Our trade relationship with Ethiopia has been vibrant for centuries," Moejeb noted.Ethiopian Investment Commissioner, Hana Aryaselassie also expressed that the forum represents a strategic effort by Ethiopia to attract foreign investment and bolster economic growth.
Meanwhile, the Ethiopian Chamber of Commerce and Sectoral Associations and the Federation of Saudi Chamber have signed a memorandum of understanding aimed at creating collaborative platform.
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