US companies keen to invest in Ethiopia

A US business delegation meeting State Minister of Foreign Affairs, Dr. Aklilu Hailemichael today (April 13, 2017) here in Addis Ababa said they have visited different places in Ethiopia and want to involve in different infrastructural investment sectors in the country apart from their main Paramedical Project.

The US business delegation which comprises Mr. Reddy N Apoori, President of Aerogenics Inc, and Dr. Gaddam Shachinder Reddy, Chairman of Pharma Project was accompanied by Berhane Kidanemariam, Consul-General at the consular office in Los Angeles and members of the Oakland-based Hidassie Ethiopian Disapora Committee.

Welcoming the companies' initiative to invest in Ethiopia, State Minister Dr. Aklilu briefed the delegation on Ethiopia's investment opportunities, adding that this has further been getting momentum with the country's growing infrastructure development.

The State Minister further said the Ministry in collaboration with other relevant stakeholders would do all it can to support the companies.