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{"id":12767,"date":"2019-01-24T11:22:20","date_gmt":"2019-01-24T10:22:20","guid":{"rendered":"https:\/\/ethiopianembassy.be\/?p=12767"},"modified":"2019-01-24T11:25:02","modified_gmt":"2019-01-24T10:25:02","slug":"pm-abiy-invites-investors-to-come-to-ethiopia-in-davos-speech","status":"publish","type":"post","link":"https:\/\/ethiopianembassy.be\/?p=12767","title":{"rendered":"PM Abiy Invites Investors To Come To Ethiopia in Davos Speech"},"content":{"rendered":"\n
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\u00c4thiopiens Regierungschef Abiy Ahmed spricht am Mittwoch am WEF in Davos.<\/figcaption><\/figure>\n\n\n\n

Ethiopia\u2019s Prime Minister Abiy Ahmed addressed the 2019 World Economic Forum (WEF) in Davos (Switzerland) yesterday.<\/p>\n\n\n\n

The Prime Minister told participants about the nationwide reforms undertaken during the past nine months and the economic growth registered in the country.<\/p>\n\n\n\n

\u201cEthiopia today is among the fastest growing economies in the world, consistently averaging growth of over 9%. Poverty has been halved, and education enrolment has markedly increased,\u201d he said.<\/p>\n\n\n\n

\u201cEthiopia\u2019s Gross domestic product (GDP) has multiplied ten fold in 25 years.\u201d<\/p>\n\n\n\n

According to the Prime Minister, investment in infrastructure has contributed a lot to the growth and attracted Foreign Direct Investment (FDI), making Ethiopia one of the leading FDI destinations in Africa.<\/p>\n\n\n\n

\u201cOur challenges, however, remain formidable.\u201d The challenge, he explained, is to sustain that level of growth, especially to find jobs for a rapidly expanding young population.<\/p>\n\n\n\n

\u201cIn order to enforce our up word trajectory and achieve even more rapid and sustainable growth, Ethiopia has embarked on a comprehensive reform process since last April,\u201d he said.<\/p>\n\n\n\n

The reform is deeply rooted in the philosophy of \u201cmedemer\u201d an Amharic word for coming together, which is people-centered and has three interdependent pillars- vibrant democracy, economic vitality and regional integration and openness to the world, he said.<\/p>\n\n\n\n

After pledging to make doing business in Ethiopia easier for everyone who wishes to invest in Ethiopia, he called on investors from all across the world to take advantage of the considerable investment and business potentials available in the country.<\/p>\n\n\n\n

The Prime Minister said his government is committed to opening up the economy to international investors in telecom, logistics, energy, aviation, railways, and industrial parks. The Premier further said his government would continue to foster public-private partnership.<\/p>\n\n\n\n

Besides, Ethiopia will also be hosting the World Economic Forum in 2020. The decision followed a meeting between Chairman of the Forum, Professor Klaus Schwab, and PM Abiy Ahmed.<\/p>\n\n\n\n

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