The Ethiopia Investment Commission (EIC) revealed a plan to attract six billion USD from foreign direct investment (FDI) in the current fiscal year whilst attention is given to export-oriented manufacturing industries.
Speaking to the Ethiopian Press Agency (EPA), EIC’s Investment Promotion Team Leader Tariku Getachew stated that Ethiopia prioritizes agriculture and agro-processing, the manufacturing industry, tourism, mining, and the ICT sector to achieve the plan.
Concerning the past seven month’s performance, the team leader indicated that the nation attracted 2.2 billion USD in FDI while the performance has exceeded that of the same period last year by 18 percent.
Referance: Ethiopian Herland (March 12)
Share This News