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Djibouti Business delegation visits Ethiopia: Evinces interest in investing in Ethiopian industrial parks

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A delegation of the Chamber of Commerce of Djibouti led by the Chamber’s President Yesuf Mussa Dewaleh visited  Ethiopia to strengthen trade and investment relations between the two countries. The delegation visited Kilinto and Bole Lemi Industrial Parks

A delegation of the Chamber of Commerce of Djibouti led by the Chamber’s President Yesuf Mussa Dewaleh visited  Ethiopia to strengthen trade and investment relations between the two countries. The delegation visited Kilinto and Bole Lemi Industrial Parks.

The delegation was briefed about Ethiopian industrial parks, investment sectors and incentives, and works done in relation to skill transfer. Djiboutian investors were also invited to invest in the Dire Dawa Free Trade Zone given the zone’s geographical proximity to Djibouti. Yesuf Mussa Dewaleh stated that the Chamber of Commerce of Djibouti would give support to Djiboutian investors to invest in the free trade zone.

Read Also:

https://trendsnafrica.com/ethiopia-announces-administered-prices-of-cement/

https://trendsnafrica.com/ethiopian-central-banks-profit-up/

https://trendsnafrica.com/ethiopia-mulls-opening-its-skies-for-foreign-investors/

Ethiopia is a landlocked country and is depending on Djibouti for its import and exports, through its excellent seaports. Daily, thousands of trucks ply between the two countries picking up export and import consignments destined for and from Ethiopia. Recently, a railway line has been launched to facilitate the movement of goods between the two countries. The other nearest port to Ethiopia is in Eritrea.

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