Japanese Businesspersons Exploring Investment in Ethiopia

President Mulatu Teshome has advised Japanese businesspersons to particularly invest in high tech, agriculture, food and drinks, textile and garments as well as cosmetics.

The President held discussion today with a 32-person delegation led by Japan External Trade organization (JETRO) Executive Vice President Katsumi Hirano.

In his meeting with the delegation, Mulatu briefed the delegation on the favorable investment atmosphere in the country and encouraged the investors to engage in diverse sectors.

Japan External Trade Organization (JETRO) Executive Vice President Katsumi Hirano said on his part the investors are determined to strengthen business relations between Ethiopia and Japan.

“We are going to collect business information and have visited several places in industrial parks. It is a great step to strengthen Japanese businesspersons in Ethiopia,” he added.

The diplomatic relation between Ethiopia and Japan dates back to the 1930s.

source ena