Addis Ababa, September 17, 2021 (FBC) – An Algerian delegation headed by Djilani Kobibi Bachir, CEO of Industriel Sidi Bendehiba (GISB) Group is visiting Ethiopia from September 17-24, 2021 for Investment meeting with Ethio-Engineering Group (EEG) and a series of engagements with governmental and private sector actors.
This investment visit, organised by the Ethiopian Embassy in Algiers upon the invitation of Ethio-Engineering Group, is expected to forge cooperation between GISB and EEG on enhancing production capacity, manufacturing Input supply, technical and technology transfer.
In a pre-visit meeting with the delegation, Ambassador Nebiat Getachew, Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to Algeria, noted that it’s time to complement the excellent political and diplomatic relationship between Ethiopia and Algeria with a robust commercial and investment ties.
He assured the delegation that it will be welcomed in Ethiopia with utmost seriousness with a view to establishing concrete partnerships.
Djilani Kobibi Bachir, CEO of GISB, on his part explained his companies readiness to enter collaborative engagement with EEG.
The two parties have earlier agreed to exchange visits to consolidate relationships and forge Investment partnership. The investment visit is a result of the virtual pre-investment meeting held on 30 June 2021 hosted by the Embassy of Ethiopia to Algeria.