Why Invest in Ethiopia
There are a number of reasons why potential investors would find it well worth their while to consider Ethiopia as a location for investment:
- Stable political Climate
- Free market economy
- Conductive macro economic policies and stable foreign exchange
- Excellent climate and fertile soils
- Huge local market of 70 million people
- Access to 23 African countries through the Common Market for Eastern and Southern Africa (COMESA)
- Preferential treatment to the European market under the ACP-EU Convention
- Beneficiary of market access to the USA through the African Growth and Opportunity Act (AGOA)
- Favorable export market status under the US Generalized System Preference (GSP)
- Huge domestic raw material base Abundant, easily trainable and inexpensive labour force
- Strategic location with proximity to the lucrative markets of the Middle East, Europe and Asia
- Attractive incentive packages
- Participation in the privatization opportunities