About 75 foreign investors have showed interest to engage in floriculture in Ethiopia, said the Ethiopian Investment Commission (EIC).
In an interview he had with FBC yesterday, Fitsum Arega, Commissioner of EIC said the investors demonstrated their interest following the consultation held with them in Amsterdam, the Netherlands.
He said a total of 1,600 hectares of land has already been prepared for the investors.
Once the land is developed, the country could double its flower export in three year time.
The Commissioner further said a new incentive mechanism has been prepared for investors who are interested to engage in coffee development and processing.
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