MFA State Minister commends Toppan Holdings’ efforts to invest in a joint venture with Ethiopian investment groups
Addis Ababa, August 23, 2024 (FBC) – Ethiopia’s State Minister for Foreign Affairs, Ambassador Mesganu Arga held discussions with Executive vice president and Chief Operating Officer of Toppan Holdings Inc. on ways of expanding TOPPAN investment in Ethiopia.
Prior to the 9th edition of Tokyo International Conference on African Development (TICAD9) Ministerial Meeting in Japan, State Minister for Foreign Affairs Ambassador Mesganu Arga paid a visit to Toppan Holdings Inc. and held constructive discussions with Mr. Kazunori Sakai, Executive vice president and COO on August 23, 2024.
During the discussion, the State Minister has extended his appreciation to TOPPAN Holding in their exemplary efforts to invest in a Joint Venture with Ethiopian Investment groups, notably in the printing investment. Underscoring Ethiopia’s untapped investment oppprtunities and massivee market potential, Ambassadoe Mesganu called on Mr. Kazunori to chart out new domains such as digitization, ICT, and packaging.
Mr. Kazunori Sakai, acknowledging the giant economic potential of Ethiopia, underscored his company’s readiness to leverage expertise and technology to further expand investment. He further expressed his company’s keenness to engage in digitization and other related investment sectors.
During the discussion, the State Minister along with members of the delegation visited the company’s’ showroom, printing museum and virtual reality simulation labs.