Turkish Construction Keen to Invest in Ethiopia
The Turkish based company, Ahmet Aydeniz Construction Company, showed its intent to invest in Ethiopia.
The Turkish based company, Ahmet Aydeniz Construction Company, showed its intent to invest in Ethiopia.
Addis Ababa May 7/2015 Turkish companies engaged in electric and electronics eye the Ethiopian market, said Fatih Ebiclioglu Chairman of the Electric, Electronic Exporters Association.
The Turkish giant, Turkish Holding AS, intends to construct an industrial park in the Horn of Africa nation, Ethiopia. The industrial park will be focused on construction materials.
Karel Electronics of Turkey signed an agreement on Monday with View Computer Engineering, an Ethiopia IT
company, to work in partnership and to sell Karel’s IT products in Ethiopia.
It was pointed out during the signing of the agreement that in the long run the Turkish company might start assembling its products here and that the agreement could pave the way for such a venture.
Eczacibasi, a well known Turkish company, is keen to invest in Ethiopia. During a meeting between the State Minster for Foreign Affairs, Dr. Akililu Hailemicheal, and the representatives of the company, the investors mentioned that they use Ethiopia as a main gate to invest in Africa.