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With intention of taking part in the booming construction sector, a delegation of Italian companies named, ClubItaliaExpo, arrive Addis Ababa, Ethiopia this week.

The delegation will participate in the ETHIO-CON 2014 from 17th to 21st September 2014, at Addis Ababa exhibition centre. NOVE Consulting, an Italian company, and the Italian Embassy in Ethiopia have facilitated the participation of the delegation in the exhibition, according to the press statement from NOVE.

The business delegation involves eight highly experienced and internationally renowned Italian companies working on building, building materials supply and construction.

“Since building and construction is a booming sector in Ethiopia with government’s special attention and takes lion share of the country’s budget, such specialized International exhibitions would have a great benefit to modernize the sector through experience sharing and also play significant role to sustain economic development through technology transfer,” the company said. 

“In the line of Ethiopia’s Growth and Transformation Plan, these 8 Italian companies comprised under the brand ‘build Italy’ have an ambitious plan to become the main reference to a new construction design, and development ‘era’ the country is striving to attain” Mr. Fabio Santoni Director of NOVE Consulting and leader of the delegation said. 

This participation aims to take part in housing development, building, construction and materials supply which Ethiopia offers interested local and international companies to participate. The Italian delegation of companies appreciated the Ethiopia’s open-door policy for such foreign investment and economic integration.

Italian interest to take part in Ethiopian economy is increasing, according to Mr. Fabio. “This year’s delegation alone includes five new Italian companies to Ethiopia. The interest to Ethiopian market is increasing among Italian companies. It is the indication of the growing economic cooperation and fruitful diplomatic relation between Ethiopia and Italy.” he added.

Mr Fabio Santoni, who is an expert consultant with 14 years of experience in Ethiopia, believed that building and construction sector in Ethiopia can be upgraded in the right level with Italian expertise and experiences.

"These Italian companies who have many years of experience in construction and building business would serve machineries, projects and consultancies to empower this important and fundamental source of socio economic development in Ethiopia,"  Mr. Fabio

The goal of NOVE Consulting, is to make Ethiopia a hub of business and investment to Italian companies in active collaboration with Ethiopian Chamber of Commerce and Embassy of Italia in Ethiopia, according to Mr. Fabio. 

Our company coordinated a number of successful participation of Italian companies in many Exhibitions organized In Ethiopia and other African countries. Mr. Fabio.

Taken from Business Ethiopia Ethiopia's in formational portal.Please find it more here