ADDIS ABABA, 7 March 2018 – LI Yong, Director General of the United Nations Industrial Development Organization (UNIDO) has travelled to Ethiopia to meet with a range of Ministers and other key stakeholders in the country.
During his visit, he gave a keynote speech at Ethiopia’s Second International Agro-Industry Investment Forum (AIFE 2018), organized by UNIDO and the Government of Ethiopia in the framework of the Programme for Country Partnership (PCP). Launched in 2014, the PCP Ethiopia is a multi-stakeholder partnership model to support the country in achieving its industrial development goals. The development of Integrated Agro-Industrial Parks is one of the Programme’s priority initiatives.
Speaking at opening of the Forum, which aims to mobilize private investment in light manufacturing, LI said that, “Ethiopia is ripe with potential, untapped business and investment opportunities.”
Several state-of-the-art industrial parks are already fully operational, hosting international retailers in the textile industry. Four new integrated agro-industrial parks, exclusively for value-added agricultural products for export and domestic consumption are in the construction phase.
As part of a broader programme, LI met with a range of ministers to discuss cooperation within the framework of the PCP and to exchange views on the status of its implementation. These included Ahmed Abtew, Minister of Industry, Fekadu Beyene, Minister of Livestock and Fisheries, Getahun Mekuria, Minister of Science and Technology, Eyasu Abreha, Minister of Agriculture and Natural Resources, and Abraham Tekeste, Minister of Finance and Economic Cooperation.
LI also met with the President of the Development Bank of Ethiopia, Getahun Nana and with the Chairperson of African Union Commission (AUC), Moussa Faki Mahamat, with whom he discussed the need to strengthen collaboration between UNIDO and the AUC within the framework of the Third Industrial Development Decade for Africa (IDDA3) as well as the expansion of the PCP to more African countries. UNIDO plans to expand the PCP based on the successful experience gained so far in Ethiopia and other pilot countries.
During his visit, the Director General also met with WANG Bo, President of the Chinese Academy of Agricultural Mechanization Sciences (CAAMS), to sign a Memorandum of Understanding between UNIDO and CAAMS. Cooperation will focus on promoting sustainable development in the agricultural sector in developing and emerging countries, and fostering technology transfer, capacity-building and technical training in this area, as well as mobilizing resources from development finance institutions to advance the implementation of projects within the PCP model.
Director General LI, who is on a two-day official visit to Ethiopia, recognized the Government's continued support for UNIDO's activities and commended the country's recent progress in inclusive and sustainable industrial development, saying “Ethiopia is building for the future and is doing so at an impressive scale.”
Related press release: AIFE 2018: Investment in agro-industry key to accelerating Ethiopia’s economic growth
For further information, please contact:
UNIDO Department of Agri-Business
Photo gallery captions:
1 - DG LI with Ahmed Abtew, Minister of Industry
2 - DG LI with Fekadu Beyene, Minister of Livestock and Fisheries (left) and Eyasu Abreha, Minister of Agriculture and Natural Resources (right)
3 - DG LI with Abraham Tekeste, Minister of Finance and Economic Cooperation
4 - DG LI with Getahun Mekuria, Minister of Science and Technology
5 - DG LI with Moussa Faki Mahamat, Chairperson of African Union Commission (AUC)