The Ethiopia-China Investment Forum Series – Bejing Episode II is being held in the Chinese capital, the Ethiopian Investment Commission (EIC) said.
The business forum is being attended by more than 300 potential investors. The event is deliberating on the investment potentials of Ethiopia in mining and other priority sectors.
Among others, the Minister of Finance of Ethiopia, Mr. Ahmed Shide, and EIC Chief Commissioner, Ms. Lelise Neme, have delivered keynote speeches.
On the occasion, EIC signed a Memorandum of Understanding with 2 pharmaceutical companies and 1 Agro-processing company. Three of the firms that inked the MoU are all set to invest in Ethiopia, according to EIC.
The forum, marked by the MoU signing, is said to be a major boost for the bourgeoning economy of Ethiopia.