Qatari giant Suhail Group says desirous to invest in Ethiopia

Addis Ababa, October 24, 2023 (FBC) – Suhail Industrial Holding Group, Qatar’s corporation of companies specializing in the recycling, production, and export of processed non-ferrous metals and plastics, has confirmed that it is looking to expand its investment engagement in Ethiopia.

The Group’s interest was expressed during the meeting between Ethiopian Ambassador to the State of Qatar, Faisal Ali Ibrahim, and Suhail Industrial Holding Group CEO, Mr. Ziad Eissa Aboukloub, earlier today.

During the meeting, Ambassador Faisal briefed the Suhail Group CEO and his entourage on his country’s economic priority sectors, the lucrative investment opportunities in Ethiopia, and the incentives provided for foreign investors by the Government.

For his part, the Suhail Group CEO reminded that his corporation has completed preparations and undertaking site construction to launch car batteries recycling investment in Ethiopia.

Before the meeting with the Suhail Group leadership earlier today, the Ambassador of Ethiopia and his delegation visited four factories among 13 companies that are under the Suhail Industrial Holding Group.

Suhail Industrial Holding Group is said to be the leading holding group of companies producing and exporting processed non-ferrous metals, stainless steel, and plastic from the State of Qatar to the world markets.