Senior management of Leica Geosystems, a company headquartered in Israel involved in mining operations in Ethiopia, have met and held talks with Takele Uma, Ethiopia's Minister of Mines. On the occasion, the company's management have expressed their commitment to continue their investment in Ethiopia.
Israeli companies engaged in the agriculture, crop production, animal husbandry, greenhouse, poultry, dairy and others sectors held a business-to-business meeting here in Addis Ababa on March 7, according to The Reporter.
Israeli agriculture companies, 15 in number had disclosed their intention to engage in Ethiopia’s agricultural sector, according to Ethiopian News Agency.
Ethiopia extended an offer for Israeli investors to take part in the second Growth and Transformation Plan (GTP II) period, which will see the construction of 2.4 million new apartments. Out of the 2.4 million, 900,000 of them are planned to be constructed in the capital city, Addis Ababa. The government also plans to build 8 new industrial parks within the five years.
An Israeli investment delegation revealed its readiness to begin investment in Ethiopia’s agricultural sector starting from next year.
