Ethiopia, May 15 – Ethiopia has been open about its plan to seek economic engagement for a better status with its neighbours in the hope of luring more investments into the country as well. The nation has resurfaced economically over the years hoping to soar higher with some help from neighbors.
The landlocked country is looking to access sea water, with potential investments’ plan. The Government officials have already visited a number of their neighbours with access to mass water bodies with joint investment proposals at hand. Kenya has been approached on the same with Djibouti still an unlikely partner.
Other projects are believed to be established in the course of time by Ethiopia as they make tours around East Africa. In these countries, Ethiopia has enjoyed a fruitful partnerships with them and hopes for more of the same to lure investments in the country and provide a conducive business environment.
Other than focusing on building its own empire, Ethiopia has made it a paramount objective to form partnerships. The country has plans to fix the infrastructure of the country to make transportation effective and business easier to conduct for organizations and entrepreneurs.
Port Sudan is one of the areas Ethiopia is interested in and is keen to have a stake in. As part of the deal in the partnership, both Sudan and Ethiopia will work together to develop the port and see into its success. This will ease the burden on both Governments and strengthen their relationship.
A new railway line is forecast to be built to facilitate movement of goods and people which will boost trading relationship. The development of the infrastructure to serve both countries will see the rise of businesses and starting up of others as towns develop.
Lamu Port is the target infrastructure in Kenya. Ethiopia and the Government of Kenya are in talks over a possible acquisition of the Port by the Ethiopian Government.