Related Keywords: current Ethiopian budget year, despite being under state of emergency, during first six months, Ethiopian Investment Commission. Ethiopia managed to attract anchor companies, half of them are licensed, invest in Ethiopia, Ten giant Chinese companies, textile and garment manufacturing industries
Ten giant Chinese companies have decided to invest in Ethiopia of which half of them are licensed in textile and garment manufacturing industries, said the Ethiopian Investment Commission. Ethiopia has managed to attract anchor companies during the first six months of the current Ethiopian budget year despite being under state of emergency.
The Commissioner Fitsum Arega said that the decision by the companies to invest in Ethiopia clearly shows that the East African nation has continued to become a favorable investment destination for anchor companies.
