The Premier assured the delegation that the City Administration will provide the Group with land at strategic place.
The Qatari Ezedan Holding Group with an estimated capital of 8.5 billion USD expressed interest to invest in Ethiopian hotel, restaurant and spa business in Addis Ababa as Group delegation held talks with Prime Minister Hailemariam Dessalegn here yesterday.
The Group said it will also allocate 22 percent of its profits to support charity organizations in the country. The Premier assured the delegation that the City Administration will provide the Group with land at strategic place.
Hailemariam also told the delegation that investing in Ethiopia particularly in Addis is profitable as the city is home to international organizations and hosts many international events.
The group has reputation in real estate development, banking and insurance, health care and other businesses.
[allafrica.com/]