(EBC;
September 8, 2016) - The Ethio-Singaporean business forum being held in
Addis Ababa will inspire investors to look Ethiopia as a potential
investment, business and tourism destination, the country's senior
official said.
Singaporean
businesspersons and company representatives drawn from the hospitality
industry, health, education, manufacturing, agriculture, and commodity
trade are in Ethiopia to explore investment opportunities in the
country.
At the opening of the
forum, Singaporean Senior Minister of State, Ministry of Defense &
Ministry of Foreign Affairs, Mohamad Malik Bin Osman lauded Ethiopia's
potential, saying it is a country with immense investment potential.
This creates a good opportunity to Singaporean investors to engage in the country, he said.
The
trade exchange between Ethiopia and Singapore has reached 24 million
USD in 2015, but it needs to be further expanded, he said.
The
bilateral ties are expected to strengthen with the launching of a
direct flight to Singapore by Ethiopian Airlines, he added.
Ethiopian
Investment Commissioner Fistum Arega briefed the businesspersons about
the investment and business potential of the country, urging them to
utilize the opportunities.
Source: ENA
No comments:
Post a Comment