The government's active engagement in investment promotion and related activities are entitled to the increasing flow of Foreign Direct Investment , the Ethiopian Investment Commission said.
The Commissioner further highlighted that foreign investors in industrial parks have created substantial jobs. The total job creation in these parks has reached 75,000, which is a considerable contribution to the employment sector. EIC remains engaged in continuous negotiations with various foreign companies to further boost investment opportunities. The recent visit by a Pakistani business delegation underscores this commitment, Hana emphasized.
The government is actively providing incentives to attract foreign firms. Additionally, investments in infrastructure and energy supply are on the rise, facilitating easier operations for businesses. Despite the abundant opportunities, Ethiopia continues to experience unbalanced trade relations with other countries. However, the increasing flow of FDI is anticipated to help narrow this imbalance."The growing FDI is expected to balance the trade disparities," Hana concluded.