About the meeting with the management of the company "Belayab Group of Companies"

December 28, 2023, Addis Ababa – At the initiative of the Embassy, an online meeting was held with the management of Kazakh Invest National Company, representatives of the Akimat of Astana, «Astana Invest»  Investment Development Center, President and CEO of “Belayab Group of Companies” Mr.Habtegiorgis Aschalew Belay and Md.Admasu Yitagesu.

As part of the online conversation, the parties discussed the possibility of attracting foreign direct investment from “Belayab Group of Companies” in the food industry of Kazakhstan and agreed to accelerate the process of cooperation, solve current issues of the investment project for coffee production in Astana and Almaty.

 

For reference: “Belayab Group of Companies” is one of the largest companies in Ethiopia, consisting of 9 companies specializing in the hotel business, a network of car dealerships and technical support, grocery stores, light industry, pharmaceuticals, electricity, logistics services, coffee exports, etc.