Addis Ababa October 28/2013 A seminar and workshop aimed at promoting industrial development in Ethiopia kicked off here Monday.
The Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA) and Chamber Trade Sweden organized the two-day seminar and workshop.
Speaking on the occasion, Chamber Trade Sweden CEO Charlotte Kalin said Swedish investors are desirous to engage in flower production in Ethiopia.
The CEO urged the need for Ethiopian and Swedish counterparts to work in collaboration to support, monitor and build capacity of stakeholders.
The collaboration between the AACCSA and Chamber Trade Sweden displayed the strong ties between the two chambers, the CEO said.
Swedish Ambassador to Ethiopia, Jan Sadek on his part said the economic trajectory that Ethiopia, through the decisiveness of its government, business circles and people has embarked on is indeed extraordinary.
The Ambassador said the Swedish government believes that in 10-20 years the rest of the world might look at Ethiopia and Africa in the same way as it today looks at China.
To realize this Ethiopia will need further progress on creation of an enabling institutional environment with good investment climate and a developed industrialization policy, well functioning labor markets, financial systems and institutions and supportive infrastructure, among others, he said.
According to him, Sweden, Swedish companies and organizations can play a role in engaging with Ethiopian counterparts to develop the right policies and reforms.
Industry State Minister Tadesse Haile, through a representative said the country has been undertaking activities to boost the industry sector for the last several years.
The Industrialization Development Strategy, adopted in 2002, identifies priority areas in the manufacturing sub-sector and has put in place strategies that ensure establishment of industries.
The country has also put in place attractive investment incentives and support mechanism with a view to encourage investors engage in the country, he said.