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HomeEthiopian NewsPakistani businessmen  show interest in investment in Ethiopia 

Pakistani businessmen  show interest in investment in Ethiopia 

Pakistani Ambassador
Pakistani Ambassador to Ethiopia, Shozab Abbas (Photo : ENA)

borkena 

Pakistani Business Delegation, composed of seventy members,  has been on a visit to Ethiopia this week to assess investment opportunities in the country. 

The delegation met with relevant government bodies and is said to be informed by existing investment opportunities. 

And it seems that there is an expressed readiness to invest in Ethiopia, according to ENA, state media. 

Shozab Abbas, Pakistani Ambassador to Ethiopia, is cited as saying that Pakistani Investors are attracted by conducive investment opportunities and are ready to invest.  

So far, they have expressed interest in investing in the areas of agriculture, mining and cement production – among other areas. 

Pakistani investors visiting industrial Parks (Photo : public domain)

The Ambassador also said that the business people understood that the Africa Free trade zone – which is still in process – is relevant in terms of offering access to an alternative market. 

The Pakistani Business delegation has visited Bole Lemi and Kilinto industrial parks this week, among other areas. 

Ethiopia and Pakistan held consultations in February this year on ways of strengthening bilateral relations including in the areas of commerce and economic cooperation. 

The volume of trade between the two countries is said to have reached about US$46 million per year.  

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7 COMMENTS

  1. Be careful…

    “Why Pakistan’s Economic Crisis Is Getting Worse” , Feb 25, 2023

    The Pakistan economic collapse has started long ago, and its at its climax right now… I wouldn’t count this one to go well for the Ethiopian side… imo.

    Source =

    (1) youtube.com/watch?v=oMvKKR9sst8

    (2) youtube.com/watch?v=9di2bmIJNFY

    and a lot more..

    The Current PM has a criminal record, along with his brother.. where both were hiding in England avoiding the law, before he was called back in the recent months to comeback and lead the country…due to the corruption-ring they had built in the Elite-circles of Pakistan military.

    Careful!!!

    Be well.

    • Relationship ex- PM Imran Kahan & US (IMF)
      =================================

      The old PM Imran Kahan, was taking Pakistan closer to Russia , Saudi Arabia, etc.. (for a good reason, Pakistan need cheep-oil to keep its economy -moving…) , just as the Ukraine war was about to begin & Imran Kahan was coincidentally visiting Moscow, and the US who controls Pakistan’s military did not like that, and ordered Legislation (via the Pakistani military) for the PM to be sacked and their old buddy (current PM) to be appointed in his place, and parliament dropped the PM & put the old one as the US asked….
      And the US had its way and it was done within days, the criminal former PM was put back in power.

      “POWER-POLITICS” = Rule by proxy!!!
      US Vassal. Pakistan.

      “What led to leader Imran Khan’s downfall in Pakistan?

      youtube.com/watch?v=GLDw2eAHpuo

      IMF moved in for the KILL
      ==> Imran Kahan, refused to take IMF loan instead borrowing from Saudi..etc… )

      Source = youtube.com/watch?v=fWHpdCKdwvA

      Be well.

  2. Investors coming from asia exploit th poor employees and bribe some ethiopians working for them. Many ethiopians working in factories do earn less than 10 euros per month.

  3. Investors coming from asia exploit th poor employees and bribe some ethiopians working for them. Many ethiopians working in factories do earn less than 10 euros per month.

  4. Investors coming from asia exploit th poor employees and bribe some ethiopians working for them. Many ethiopians working in factories do earn less than 10 euros per month.

  5. ” Europe Economic Collapse….” March 09 , 2023

    Source = youtube.com/watch?v=Y1NUqZm2_FI

    “WARNING! You NEED To See What’s Going On In Europe Right NOW!”

    “War drums…WWIII???” March 08, 2023

    Source = youtube.com/watch?v=u2BtAJrvHqM

    “Bank Run???….” March 07, 2023

    Source = youtube.com/watch?v=4kvwGhuqq2A

  6. Subject: “Pakistani businessmen show interest in investment in Ethiopia” March 8, 2023

    Humble Opinion, 11 March 2023
    My first commentary, reading the TITLE, is to ask myself the usual question: WHY? Pakistani businessmen having interest in a Black African Country?
    It goes without saying that it is always prudent to be cautious — very cautious.
    Ethiopia must always protect itself 360 degrees around itself.
    In the case at hand: it is prudent to ask thyself why >>> “Pakistani businessmen show interest in investment in Ethiopia”
    Having cleared the above, the next question is to THYSELF: WHAT DO I GAIN?
    Remember: NO COUNTRY IS MAGNANIMOUS TO ANOTHER COUNTRY WITHOUT MOTIVE TO THYSELF — ESPECIALLY TO OUR DEAR AFRICA.

    Having said all that, it does not hurt to wish good luck to Ethiopia — an INDEPENDENT FREE country in Black Africa and among few around the GLOBE. To repeat, ETHIOPIA has unique ADMIRABLE HISTORY around the Globe. It is a solid foundation for an independent black African country, in a world in which the African Continent is looked upon for profit motive only >>>> NEVER FOR REAL DEVELOPMENT FOR THE BENEFIT OF BLACK AFRICAN RACE. NEVER, VERY SAD TO SAY.

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