State Minister Dewano Kedir held discussions with representatives of the Dow Company on Monday (August 11) on investment opportunities in Ethiopia. The State Minister briefed the delegation about the investment prospects and opportunities in the manufacturing, energy and agriculture sectors.
He mentioned the country's fast growing economy, its wide domestic market, and the investment incentives and generally welcoming environment Ethiopia offered and which were being taken up by a large number of investors from different countries. The President of Dow, Mr. Ross Mclean, said the company appreciated the development efforts underway in Ethiopia and said his company was ready to invest in Ethiopia and to work in coordination with the Government.
He explained the company's interest in engaging in various sectors, including manufacturing which, he said, was at the center of any economic transformation. The Dow company delegation, which included over 40 senior figures from businesses in 17 countries, is making a visit in Ethiopia to lay the foundation for business- to-government and business-to-business partnerships and to open office in Ethiopia.