The Federal Democratic Republic of Ethiopia is inviting Indian investors/entrepreneurs to partake of blistering growth of its economy.
The east African nation has survived alternating monarchic and military regimes and a ‘needless war’ with Eritrea to log 11 per cent growth during the last nine years.
“We’re opening up to the world,” said Zenebu Tadesse, Federal Minister for Women, Youth and Children, and Gennet Zewide, Ambassador Extraordinary and Plenipotentiary at the Ethiopian Embassy in New Delhi.
Leading an official delegation to India, they met Chief Minister Oommen Chandy and Cabinet colleagues.
The Kerala chapter of the Federation of Indian Chambers of Commerce and Industry (FICCI) hosted the visit of the Ethiopian delegation to the State.
Ethiopia has managed to get the better of its essentially ‘landlocked’ status thanks to single-minded focus on infrastructure, health, education, telecom and railways, Gennet Zewide told Business Line.