In turn, the head of the Commission, Fistum Arega, reminded last year Ethiopia received the 'Star Reformer Award' from the World Bank for its outstanding performance in developing and implementing a viable FDI policy.
Similarly, the country won the United Nations 2017 Award for its policy in promoting projects of sustainable investments.
According to Arega, the continued development of industrial parks plays a key role in the success achieved in promoting and attracting investments.
The official also remarked the Commission has taken steps towards associating with the Board of Investment in order to improve the retention policy to make easier the conditions of access of the investors to currencies and encourage, this way, the exporting companies.
- Countries: Africa
- Ethiopia’s new year offers a chance to unite the country
- ETHIOPIA | Why the Sidama secession demand needs to be negotiated
- The story of Oromo slaves bound for Arabia who were brought to South Africa
- CARICOM extends hope and comfort to Ethiopians following deadly plane crash
- How African cities can harness green technologies for growth and jobs