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18/12/2017 11:17am

Come and Make in Ethiopia, Minister invites investments in infra - small engineering

image Come and Make in Ethiopia, Minister invites investments in infra - small engineering

New Delhi, Dec 18 (KNN) Eyeing at increased investment in the country, African country Ethiopia called on the investors from West Bengal to explore opportunities and come and make in Ethiopia.

The Minister Counsellor (Business), at the Ethiopian Embassy, Molalign Asfaw made the following remarks during the inaugural session of MSME Conclave 2017 organised by CII.

Listing possible incentives, the Minister said that the investors from India can avail package of incentives including exemption of income tax and import duty.

The Minister further said that there is ample of opportunities open for investments in sectors including infrastructure, small engineering, Information Technology and healthcare.

Highlighting the fair ecosystem in the country, the Minister informed that with Ethiopia joining the group of nations that are fast moving in economic development, it has been able to register a double-digit annual growth for the last 14 years.

Ethiopia has emerged as the largest economy in the sub-Saharan Africa after South Africa and Nigeria, and also tops in terms of the foreign investment flowing in, Asfaw said.

Apart from Ethiopia adopting investor-friendly policies, the nation offers smooth and secure ecosystem from private sector, the Minister highlighted. (KNN/DA)

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