EIC, BMBOC discuss ways to enhance FDI flows from China to Ethiopia

Addis Ababa, September 20, 2024 (FBC) – The Ethiopian Investment Commission (EIC) held a discussion with Beijing Municipal Bureau of Commerce to enhance FDI flows from Beijing, China to Ethiopia to benefit both countries, the Commission confirmed.

During the discussion, representatives of EIC highlighted Ethiopia’s investment potential in various sectors and the investment policies.

They further stated that Ethiopia has now become a preferred investment destination for Chinese investors, and EIC is committed to work closely with the Beijing Municipal Bureau of Commerce to promote trade and investment to benefit both parties.

A business delegation led by Zhuang Jianrong, Foreign Economic and Trade Division of Beijing Municipal Bureau of Commerce Bureau Division Director, indicated that understanding Ethiopia’s untapped investment potential, Chinese investors from Beijing are interested to invest in Ethiopia, specially in agricultural technology and trade sectors.