A three-member Ethiopian delegation headed by Habte Radish, GM, Mesfin Industrial Engineering PLC visited Engineering Development Board (EDB) headquarters here on Saturday. The delegation showed interest in import of auto parts, three wheelers, tractors and power transmitters etc from Pakistan.
Hadish said that Ethiopia was huge market of 80 million people with no auto industry, therefore, the Pakistani manufacturers can easily make inroads there. He added that his company was interested to have some sort of joint venture with Pakistani manufacturers.
He further said that cement was another sector in which immediate benefits can be made by Pakistan as Ethiopia was producing 1.2 million tons of cement against a demand of 12 million tons. In addition the government has announced a programme of construction of 4,000 houses this year. He invited a delegation of EDB to visit Ethiopia in near future to review the potential of the industry.
Senior officials of the Board briefed the delegation about current policies of the government to increase exports. They assured the delegation that every effort will be made to provide them necessary data Match-making with Pakistani companies will be also arranged.