Italian companies show interest to invest in Ethiopia in logistics and vehicle assembly areas

Addis Ababa, January 28, 2022 (FBC) – Two Italian companies; Rimorchiatori Riunti Group and GE car Group have expressed interest to conduct a pre-investment visit to Ethiopia in order to explore opportunities in the country. The companies have shown interest to invest in Ethiopia in areas of logistics, transport and vehicle assembly.

The assertion came at a time when owners and founders of the companies held discussion with Ethiopian Ambassador to Italy, Demitu Hambisa.

Ambassador Demitu briefed the companies on the flourishing investment opportunities in Ethiopia.

Rimorchiatori Riunti Group is a huge shipping and logistics company operating in several parts of Europe including Malta, Greece, Columbia and London. Rimorchiatori Riunti Group stated that it has an interest to tap the investment opportunity in Ethiopia.

GE car Group is also a car assembling company working 11 giant world car brands. The company has expressed interest to engage in Ethiopia in vehicles assembly sector.