Ethiopia and Italy have reaffirmed their commitment to expanding cooperation in investment and infrastructure development, as senior officials from both countries highlighted growing opportunities for deeper economic ties.
The Ethio-Italy Construction and Infrastructure Forum, convening high-level government officials and business leaders, is underway in Addis Ababa with the goal of enhancing collaboration in strategic sectors.
The opening session brought together key dignitaries, including Finance Minister Ahmed Shide, Irrigation and Lowlands Minister Abraham Belay, Addis Ababa Mayor Adanech Abiebie, State Minister for Urban and Infrastructure Development Yetimegeta Asrat, Italy’s Deputy Minister of Foreign Affairs and International Cooperation Maria Tripodi, and Italy’s Ambassador to Ethiopia Sem Fabrizi, among others.
During the forum, officials emphasized the expanding potential for strategic partnerships, noting that strengthened collaboration could accelerate investment flows and infrastructure development in Ethiopia.
Finance Minister Ahmed Shide highlighted that ongoing macroeconomic reforms are creating a favorable environment for investment and sustainable growth. He noted that Ethiopia has embarked on comprehensive reforms aimed at stabilizing the economy and enhancing private sector participation, while Italy’s bilateral and multilateral support has played a constructive role.
