Ethiopia: Investors hail top investors award
- Posted on Tuesday 13 November 2007 - 16:20Tesfa-alem Tekle, AfricaNews reporter in Mekelle, EthiopiaInvestors across Ethiopia have applauded Ethiopia's award for outstanding exporters, input suppliers and top countries that buy Ethiopian products.
Investors and other companies currently engaging them selves in different investment sectors said” the award Ethiopian government made is a major step to hit the targets Ethiopia is trying to make poverty history”
In a collective statement they send to Africa news they said “the move is a key which encourages investors and firms involved in different investment sectors”
The 10 countries awarded as top buyers of Ethiopian products have purchased a total of 689.6 million USD worth Ethiopian goods over the past Ethiopian year.
Germany, Italy, Saudi Arabia, Japan, USA, the Sudan, Djibouti the Netherlands, China and Switzerland are the biggest Ethiopian products buyers awarded trophies from the hands of Prime Minister Meles Zenawi.
The winners, beyond their trophy award received, will also be entitled in a lot other benefits including the right to put their names in the prime minister’s “Register of Honors" and privileged to different trade and investment opportunity in prior to others.
Ethiopia’s export earnings which was 5963.5 million US dollar in 2004 has shoot up to 1.2 billion USD in 2006.
Coffee, oil seeds, Leather and Leather products, pulses cut flowers and stimulating Kchat products are the Top products that cover up most of Ethiopia’s export incomes.”
Keywords: ethiopia business investment
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