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Norwegian Investors Keen to invest in Renewable Energy and Agriculture in Ethiopia

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Kjell Roland, Managing Director of Norfund, said Norwegian investors are keen to invest in renewable energy and agriculture in Ethiopia.

President Mulatu Teshome and the Managing Director discussed about the various investment option in Ethiopia. Mr. Roland expressed the interest of Norwegian investors to take advantage of the peace and security in Ethiopia and the widespread investment alternatives to get involved in renewable energy generation and agricultural production.

He added, the Norwegian Government supports Norwegian companies to invest in Ethiopia and also advance technological transfer.

President Mulatu noted that Norway was Ethiopia’s friend during hard times and expressed his desire to see the relationship of the two countries to move from aid to trade and investment partnership. The President added the sectors the Norwegian investors expressed interest are also the Ethiopian Government’s priority areas and pointed that the investors will be successful.

[ENA]


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