Ethiopian and Turkish Business Tycoons Met

Turkish businesses meet their Ethiopian Counterparts
Turkish businesses meet their Ethiopian Counterparts


Date posted: October 27, 2014

ETHIOPIAN

Turkish business delegation met their Ethiopian counterparts at the offices of the Ethiopian Chambers of Commerce and Sectoral Associations on Thursday to surf the business opportunities the two countries offer each other.

Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) Secretary General Gashaw Debebe welcomed the delegation and addressed the potential areas in which the two countries may engage in.

The Turkish business delegation led by CEOs for iNSiAD, TUSKON, MARiFED companies in Turkey discussed various issues with the Ethiopian business communities who have been business partners with Turkish groups. “We see Ethiopia as Africa’s biggest business opportunity,” Ahmet Akiskali, president of INSIAD, said on the occasion. He said that the Turkish business people are yet to be opened for the world as more interest is growing towards Ethiopia.

Gashaw noted that the ECCSA has arranged an international trade fair between Turkey and Ethiopia to take place in Addis Ababa and Istanbul in November. According to the Turkish business delegation, a multibillion-dollar investment is already set up by Turkish companies in Ethiopia. The three companies that signed a memorandum of understanding with ECCSA some six months ago finally resulted in an Ethio-Turkish Business Summit held in Ethiopia in May which highlighted the ever-growing trade and investment links between the two countries as Prime Minster Hailemariam Desalegn hailed it, as a lot of Turkish companies have become promoters of Ethiopia over the last decade.

Most recently, an Ethio-Turkish industrial zone development project being undertaken on the outskirts of Addis Ababa has been suspended by the government due to a potential threat it poses at one of the city’s water treatment plants. The two countries vow to strengthen the promising trade and investment link that has risen more than 400 percent in the last decade while the trade volume jumped from USD 110 million in 2011 to USD 550 million in 2013.

The Reporter Ethiopia

Source: Precise Consult International , October 2, 2014


Related News

Turkic American Convention kicks off with opening gala cruise

İHSAN DENLİ, ALİ H.ASLAN, WASHINGTON D.C. The third annual Turkic American Convention began on Tuesday in Washington, D.C., in an opening gala cruise with the participation of politicians from the US, Turkey and the Turkic republics. Organized by the Turkic American Association (TAA), which represents six regional federations and over 200 community associations, cultural centers, […]

You Cannot Understand the Servants!

What will you say about the reaction of Mr. Akin Ipek after his enterprise has been shut down as an intimidation? If you forget, let me remind you what he said: “I would sacrifice my whole fortune for a smile of Hocaefendi (Fethullah Gulen).” Can you understand this soul?

Turkish schools and businessmen mobilized for Izmir’s EXPO candidacy

The Turkish schools around the globe have been making great effort for Izmir’s EXPO 2020 win. The schools and businessmen have taken action so that Bureau of International Expositions committee opts for Turkey in the voting to take place in Paris on November 27th. “What is lost with Olympics can be made up for in EXPO,” Fethullah Gulen had earlier said.

Hospital to be opened by volunteer Turkish doctors in Ethiopia

A hospital is set to be established jointly by the Marmara Health Federation (MASFED) and Turkish charity Kimse Yok Mu (Is Anybody There) in the African country of Ethiopia, where the average life expectancy in only 40 years. The 40-bed hospital is expected to open on Aug. 1. A total of 50 medical health-care personnel […]

Ethiopian schools put Turkey on curriculum

MARY FITZGERALD, Addis Ababa “MERHABA! MERHABA!” – the Turkish greeting echoes through the school corridor as neatly uniformed Ethiopian children welcome a visitor.That morning the children sang the Turkish national anthem along with their own. On the school walls, vocabulary charts to help pupils improve their command of Turkish hang alongside framed verses of Rumi’s […]

Tajik president urges Turkish firms to make mining investments

TODAY’S ZAMAN, İSTANBUL Tajik President Emomali Rahmon called on Turkish businessmen on Monday to take advantage of Tajikistan’s rich mining resources and to increase economic relations between the two countries. Speaking to participants at the Tajik-Turkish Business Forum organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) in Konya, Rahmon said his country’s economic […]

Latest News

Fethullah Gülen’s Condolence Message for South African Human Rights Defender Archbishop Desmond Tutu

Hizmet Movement Declares Core Values with Unified Voice

Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say

Erdogan possessed by Pharaoh, Herod, Hitler spirits?

Devious Use of International Organizations to Persecute Dissidents Abroad: The Erdogan Case

A “Controlled Coup”: Erdogan’s Contribution to the Autocrats’ Playbook

Why is Turkey’s Erdogan persecuting the Gulen movement?

Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis

University refuses admission to woman jailed over Gülen links

In Case You Missed It

Turkish schools in Somalia won 22 medals in 2 years

Fethullah Gülen’s lawyers fear attacks on his life amid calls for return to Turkey

War on Gulen Movement undermines Turkish diplomacy

Woman looking after disabled children alone as prosecutor husband under arrest for 270 days

Another Police Chief Jailed Over Alleged Gülen Links Dies In Turkish Prison

Turkish schools

Foundation gives to poor students

Copyright 2022 Hizmet News