Oromia and Amhara Regional Presidents Visiting The Netherlands

Date:

Share post:

Oromia President Lemma Megeressa along with and Amhara regional state president Degu Andragachew visited the Netherlands with the aim of being familiarized with Dutch companies that are active in Ethiopia. According to the Netherlands comprehensive website since 2004, a lot of Dutch companies started investments and joint ventures in Ethiopia. About 130 companies have created 70,000 direct job opportunities.

Most of the companies are working on agricultural sectors such as flower, vegetables, sesame, and dairy production. According to the Netherlands worldwide “support is provided to the development of several promising subsectors, like poultry, potato, soy, spices, and aquaculture, through the development coöperation project Ethiopian Netherlands Trade for Agricultural Growth (ENTAG), implemented by Wageningen University.”
Groente en Fruithuis, Heineken, and Wgenigenigen university are some of the high rated Dutch companies active in Ethiopia.

There are some associations like Ethiopian Netherlands Trade for Agricultural Growth (ENTAG), and Ethiopian Netherlands Business Association (ENLBA), support and help Dutch companies to work better in Ethiopia, and also act as a point of entry for new companies.

Most of trade and aid activities of Netherlands takes place in Oromo and Amhara regions of Ethiopia. The visit of state presidents of Amhara and Oromo Gedu Andargachew and Lemma Megersa respectively helps to discuss challenges on international investment and strengthens the economic coöperation of the two countries.

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.
spot_img

Related articles

Former Athlete Sileshi Sihine Elected President of Ethiopian Athletics Federation

At the 28th General Assembly of the Ethiopian Athletics Federation, a pivotal election was held to determine the...

French President Macron Arrives in Ethiopia

French President Emmanuel Macron has arrived in Addis Ababa, Ethiopia, moments ago on an official working visit. Upon his...

World Bank Approves $700 Million Boost for Ethiopia’s Financial Sector

WASHINGTON, December 19, 2024 – Ethiopia’s financial system is set to receive a transformative boost following the World...

Amhara Bank Urges Local Banks to Merge Amid Foreign Banks’ Entry

On December 18, 2024, Ethiopia's parliament ratified a landmark banking proclamation allowing foreign banks to operate within the...