Ethiopia allocates 3,000 hectares of land for flower investment - Xinhua - News Summed Up

Ethiopia allocates 3,000 hectares of land for flower investment - Xinhua


Source: Xinhua| 2017-07-29 02:33:08|Editor: Mu XuequanVideo Player CloseADDIS ABABA, July 28 (Xinhua) -- The Ethiopian Horticulture and Agricultural Investment Authority has announced that it has allocated 3,000 hectares of land for investors who want to engage in Ethiopia's flower farming sector. A huge international interest in Ethiopia's horticulture development sector is said to be the major factor for the Ethiopian government to allocate the reported 3,000 hectares of land dedicated to the floriculture investment, according to the Ethiopian Horticulture and Agricultural Investment Authority. The east African country has also put in place various initiatives to lure large number of foreign investors in the horticulture development sector. According to the Ethiopian Horticulture Producers and Exporters Association, Ethiopia, the fourth largest supplier of flower to the world market, is endowed with suitable weather condition for flower and other horticultural products. Ethiopia's flower industry sector has registered a steady growth over the past decade, making the country one of the top flower producers and exporters in the African continent.


Source: Ethiopian News July 28, 2017 18:33 UTC



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