FDIEthiopia

31 Aug

Ethiopia Invites Singaporean Port Company to invest in its country

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, EthioNegari, Ethiopia, FDIEthiopia, Logistics, Portsingapore, Singapore

The port authority of Singapore was invited to engage in logistics investment in Ethiopia Top Ethiopian officials are visiting Singapore to persuade international Asian companies to come and invest in Ethiopia. Investment Commission Commissioner Lelise Neme along with Industrial Parks Development Corporation CEO Aklilu Tadese visited the Port Authority of Singapore in Singapore. The two investment leaders held talks with Singapore Port Authority officials. In the discussion, they asked the Port Authority of Singapore to engage in logistics investment in Ethiopia. Investment Commission Commissioner Lelise Neme expressed Ethiopia's great interest in the sector and called for a way for the…

11 May

Ethiopia’s investment shows two billion Dollar deficit

ethionegari@gmail.com0 CommentsBusiness, News, Politics, TechnologyAddisAbaba, EthioNegari, Ethiopia, Ethiopiainvestment, FDIEthiopia

Ethiopia planned to attract 4.5 billion dollars of foreign direct investment in the last nine months. According to the report submitted by the Ethiopian Investment Commission to the House of Representatives, Ethiopia received 2.7 billion dollars in foreign direct investment in the last nine months. According to the Chief Commissioner of the Investment Commission, Lelise Neme, in the last nine months, 4.5 billion dollars of FDI was planned to be attracted into the country and 2.67 billion dollars of income was achieved. The implementation of the commission achieved only 61 per cent of the plan, and the war in northern…