ADDIS ABABA - Ethiopian Investment Commission disclosed that the number of foreign companies investing in the manufacturing sector is surging compared to the other sectors of the economy.
While Ethiopia's FDI inflow is steadily augmenting/rising, there has been a growing trend of an FDI inflow increase towards the manufacturing sector, with the Commission revealing that 136 foreign manufacturing companies have been operational for the 2016/17 fiscal year alone, compared to 42 and 23 companies in the service and agriculture sector respectively.
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