Ethiopia: Hailemariam Confers With Kenyan Investors

Prime Minster Hailemariam Desalegn meets Kenyan business delegation at his office to look into interest of Kenyan investors wanting to invest in Ethiopia. They are here to see the opportunities for themselves to decide their involvement in investment.

Mr. Hailemariam explains how Kenya and Ethiopia are working to integrate their economies after a special economic agreement signed recently to ease business transaction between the two neighborly countries.

The electric transmission line, the road and rail lines under development are evidences of the ambitions between these two countries, and businesses in both countries can benefit from such developments, Hailemariam remarks.

Meantime, Dr. Tedros Adhanom, Minister of Foreign Affairs, met with the delegation from Kenya the same day.

He noted that Ethiopia and Kenya have strong bilateral and political relationship that can turn into economic, trade and investment gains. The CEO of Kenyan Manufacturers Association, Betty Maina said as Kenya is a leading investor in other African countries, implementation of the Special Status Agreement would offer an opportunity to increase the flow of Kenyan investment in Ethiopia.

Earlier we reported Kenyan businesses are in Ethiopia for three days visit to see their investment opportunities in Ethiopia.

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