Premier Invites South Korean Investors to Invest in Ethiopia


Ethiopian Prime Minister Dr Abiy Ahmed invited South Korean investors to invest in his country.

During Ethio-South Korea business forum held in Seoul, the capital and largest metropolis of South Korea, the Premier has invited South Korean investors to come to Ethiopia.

The Ethiopia is committed and has made economic reforms on its investment and business policies and laws in a bid to create conducive investment environment so as to enhance foreign direct investment (FDI), he said.

President of the Korea-Africa Foundation, Yeon-ho Choi, said on his part Ethiopia is South Korea’s preferable country to expand its market share in Africa.

The Premier also held talks with Hyundai leadership to discuss the potential expansion of investments in Ethiopia, according to office of the Prime Minister.

Ethiopian and South Korean leaders have reached consensus on elevating Ethio-South Korea relations to a strategic partnership, according to office of the Prime Minister.