Ethiopia invites Bangladeshi investment in key growth sectors

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Ethiopia invites Bangladeshi investment in key growth sectors

B Mirror Report:  Ethiopia has invited Bangladeshi companies to invest in key sectors, highlighting its sustained economic growth and offering opportunities in renewable energy, agro-processing, pharmaceuticals, medical equipment, and industrial manufacturing.

The invitation was extended during a meeting between Bangladesh Foreign Minister Dr Khalilur Rahman and Ethiopian Foreign Minister Gedion Timothewos in Addis Ababa, according to a message received on Wednesday.

During the talks, Gedion Timothewos outlined Ethiopia’s continued economic expansion and identified priority areas for foreign investment. These include renewable energy generation, agro-processing industries, pharmaceutical production, medical equipment manufacturing, and the wider industrial sector. He encouraged Bangladeshi investors to explore these opportunities, emphasizing the potential for mutually beneficial partnerships between the two countries.

Dr Khalilur Rahman reaffirmed Bangladesh’s commitment to strengthening bilateral relations, particularly through expanding trade and investment cooperation with Ethiopia.

Both sides also exchanged views on enhancing collaboration in bilateral and multilateral forums. They agreed on the need to deepen economic engagement and sectoral cooperation to further elevate relations between Bangladesh and Ethiopia.

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