Ethiopia Plans To Become Light Manufacturing Leader

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Written by Staff

From Geeska Afrika Online

Ethiopia and Swedish agro technological Processing Workshop was held successfully at Sheraton Addis Ababa. The Regional Future Infrastructure Investment workshop was organized by four renowned Swedish Companies in cooperation with Ministry of Foreign Affairs and the Embassy of Sweden. Dr Mebrahtu Meles State Minister of Industry and Jan Sadek , Ambassador of the Republic of Sweden to Ethiopia made an opening speech both stating the long standing Ethio-Swedish diplomatic relations and appreciating the fast economic growth Ethiopia is registering.

Dr. Mebrahtu stated Ethiopia’s long term plan to be one of the leading nations in light manufacturing. He noted that the long standing cooperation that exists between the two countries is expanding to include areas of trade and investment. He cited the recent engagement of H&M and Erickson in Ethiopia as example to the increasing interest of Swedish companies in Ethiopia.

Appreciating the fact that Swedish investors are currently picking Ethiopia as their investment destination, Jan Sadek recalled Swedish involvement during the Imperial time in primary education and noted more than 6000 schools were built throughout Ethiopia by the Swedish development cooperation. He also appreciated the stride that Ethiopia is making in registering double digit economic growth.

He expressed his hope that the workshop would create conducive environment for mutual learning in agro-processing .During the deliberation Swedish companies gave an experience sharing presentation.

Read more at Geeska Afrika Online