The Embassy organizes a roundtable on pharmaceutical investment opportunities –

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Addis Ababa, April 8, 2022 (Walta) – A round table devoted to the pharmaceutical sector was organized yesterday by the Embassy of Ethiopia in Brussels.

This event aimed to show pharmaceutical companies from the Benelux countries the investment and export opportunities in the sector in Ethiopia. The roundtable was conducted in a hybrid format that included physical and virtual means of participation.

Panelists included Lelise Neme, Commissioner of the EIC (Ethiopian Investment Commission), Sandokan Debebe, CEO of IDPC (Industrial Park Development Corporation), and Fasika Mekete, Advisor to the Minister of Health and representative of Ethiopian Food & Drug Authority.

As the roundtable was a specific and targeted event, some leading Belgian pharmaceutical companies, including Jonsson & Jonsson, Univercells/UNIZIMA, among others, were present. In addition, representatives from the regional trade offices of Belgium (AWEX & FIT), the TRAIDE foundation (Dutch), the Ethio-Belgian association and others attended the event.

A series of presentations were made on the need for development of the pharmaceutical sector and policy directions, the Ethiopian investment climate, access to and services in industrial parks, as well as certification and public procurement of pharmaceutical products.

Lelise Neme, in addition to explaining the favorable investment climate in the country, invited leading companies for a business visit to Ethiopia so that they can assess the situation and seize the opportunity to witness the conducive environment.

Sandokan Debebe, for his part, explained the provision of access to industrial parks, and more specifically he mentioned the Kilinto industrial park, an industrial zone dedicated to the pharmaceutical sector.

Ambassador Hirut Zemene moderated the panel discussion, which was a fruitful interactive event.

Participants from the Benelux area focusing on the pharmaceutical sector had the opportunity to interact with Ethiopian officials, which should encourage them to do business in Ethiopia.

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