Industrial Parks Development Corporation (IPDC) CEO, Fisseha Yitagesu, held the meeting with Iran’s ambassador to Ethiopia, Ali Akbar. They discussed opportunities to strengthen long-term relations through investments.

Iranian Ambassador to Ethiopia Ali Akbar has announced plans to attract investors in industrial parks specialising in agro-processing and car manufacturing. Fisseha noted that the two countries’ membership in BRICS will be the basis for further investment co-operation. This is reported by ENA, a partner of TV BRICS. In addition, the Fisseha emphasised the importance of joint preparation of the Ethiopian-Iranian Investment Forum.

Ambassador Ali Akbar noted that Ethiopia’s development results, especially in the energy sector, have created a favourable environment for investment, stressing that he will encourage Iranian investors to invest in the aforementioned fields.

Photo: IPDC / ENA