Ambassador Dawano Kedir, Deputy Head of Mission of the Ethiopian Embassy in China, stated that the development of the pharmaceutical industry was one of the top priorities of the Ethiopian Government. According to the Ambassador, there are various market opportunities and specially designated locations for foreign investors who are interested to invest in the industry.

The Deputy Head of Mission made these remarks in a virtual discussion held between himself and Southwest Pharmaceutical Co. Ltd, which is one of the top 100 pharmaceutical companies in China. During the meeting, the two parties discussed ways in which the company could invest in Ethiopia.

The Ethiopian Government has set a goal to become a pharmaceutical manufacturing hub by 2025. To realize this goal, the Government has been undertaking various developments in the sector including the establishment of an industrial park on 270 hectares of land which is designated for pharmaceutical companies.

This industrial park which is named Kilinto and located in Addis Ababa, welcomed its first entrant in 2020 when Africure Pharmaceuticals Manufacturing Ethiopia PLC began construction of its plant in the park.

Main Source: Embassy of Ethiopia in China
Other Sources: Ethiopian Investment Commission, Addis Fortune