Round Table: Opportunities for Investment and Export in Pharmaceutical Sector in Ethiopia

This round table is hosted by the Embassy of Ethiopia to Benelux and EU institutions. The main objective of this event is to show the pharmaceutical companies in Belgium, Luxembourg, and The Netherlands the untapped investment opportunities in pharmaceutical sector in Ethiopia.

Competent institutions of the sector from the side of Ethiopia will be part of this round table to explain to the distinguished representatives of the companies about the investment climate in Ethiopia, incentive packages, provision of land, industrial parks, trained and easily trainable labor force, market opportunities, etc.

Among the participants from Ethiopian side will be higher officials from the Ethiopian Investment Commission (EIC), Industrial Parks Development and Corporation (OPDC), Ministry of Health, Ministry of Foreign Affairs, and selected local pharmaceutical companies - to share their experiences.

Ethiopia offers an untapped investment and export opportunity for foreign pharmaceutical companies. As most of African countries have ratified the Continental Free Trade Agreement (AfCFTA), Ethiopia has the potential to serve as an export hub for the more than 20 billion USD pharmaceutical market in Africa. Companies are also offered access to the state-of-the-art Kilinto Pharmaceutical Industrial Park at preferential land lease rates.

The comprehensive set of incentives for investors includes corporate income tax exemptions, personal income tax exemptions, duty and other tax exemptions on inputs, zero tax on exports, export facilitation, preferential access to public procurement, and regulatory system. Seize the opportunity and do business in Ethiopia.

The Embassy of Ethiopia in Brussels cordially invites pharmaceutical companies, industry owners, and representatives in the pharmaceutical sector to this informative round table.

Target Audience
• Pharmaceutical Companies
• Investment and Trade Offices (regional, National)
• Business Associations
• Private Equity Investors (interested in pharmaceutical sector)
• Chemical Industries
• Hospitals, and
• Interested professionals of the sector

More information

Date: April 7, 2022
Time: 10:00 am (Brussels time)
Venue: Embassy of Ethiopia, Brussels + Zoom (Hybrid)
Avenue de Tervueren 64, 1040 Etterbeek, Brussels

More information & registration can be found here.

Source: Embassy of Ethiopia

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