The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) and the Ethiopian Investment Commission recently briefed a 30-person delegation from Hong Kong on business opportunities in the country. Manufacturing, textile and garments, pharmaceuticals, agro-processing and power generation are priority investment areas in Ethiopia, the delegation was told.
The briefing covered land lease, tax, other investment-related services and the continental and international agreements the country has signed, according to an Ethiopian newspaper report.
ECCSA secretary general Endalkachew Sime said Hong Kong investors can fully own companies or can have partnership with Ethiopian firms.
The meeting was organized by the ECCSA in partnership with the Hong Kong Development Council. (DS)
Fibre2Fashion News Desk – India