News From Ethiopia

Ethiopia Preparing Geological Map For Investors

Addis Ababa, March 12, 2002 (ENA): The Ethiopian Geological Survey says it is preparing a map that would give first-hand information to entrepreneurs willing to engage in various investment activities.

Survey general manager, Ketema Tadesse, told ENA that the map would be beneficial to entrepreneurs interested in involving in mines and energy, agriculture, industry, water and construction sectors.

The map would cover the investment sites in Oromia, Amhara, Tigray and Benshangul-gumuz states as well as lowland and neighboring highland areas of Western Ethiopia, Ketema said.

He said the map would enable to identify, among others, mineral and underground water deposits in the stated localities.

The map would also help raise the geological coverage of the country and classify its natural resources, the general manager said.

About EATIC
The Ethio-American Trade & Investment Council (EATIC - www.eatic.org) is a non-profit, non-partisan, tax exempt membership organization of corporations and individuals dedicated to strengthening and facilitating trade and investment between Ethiopia and the United States of America. The Council believes that it can best accomplish this goal through education, focusing on broadening the respective knowledge of various social customs, cultural traditions and economic climate of both countries.

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