Dutch investment in Ethiopia surpasses one billion USD:

Staff
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Addis Ababa, March 27/2024 (ENA) Dutch businesses in Ethiopia have invested at least one billion USD, making substantial contributions to Ethiopia’s economic growth, Henk Jan Bakker, Ambassador of Netherlands to Ethiopia said.

Highlighting the significant Dutch business presence in Ethiopia, the ambassador told ENA that nearly a hundred Dutch companies have invested in various sectors.

Notably, the horticulture and floral industries have emerged as a prime destination for Dutch investments, contributing significantly to Ethiopia’s foreign exchange earnings.

These investments have propelled the Netherlands to become one of the largest destinations for Ethiopian exports, accounting for 10% of the country’s total exports, Ambassador Bakker said. Dutch investments in Ethiopia primarily focus on agriculture, particularly horticulture and flowers, he said.

Read more at ena.et

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