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Ethiopia and Rwanda great markets for German construction sector
Several German companies see opportunities in the two countries for investment in construction, writes AHK.
The Delegation of Chamber of German Industry and Commerce in Kenya (AHK Kenia) through its service company AHK Services Eastern Africa Ltd organized a business delegation trip to Ethiopia and Rwanda, for German companies active in the area of Construction. The trip took place between March 25 and 30, 2019 and was organized in the framework of the Market Entry Program for SMEs supported by the German Ministry for Economic Affairs and Energy (BMWi).
The visiting delegation from Germany comprised of six German companies including Bauer Spezialtiefbau GmbH, Franz Trippe GmbH, Höhler GmbH & Co. KG, Galatea GmbH, Schüco International KG and the Gesellschaft zur Förderung des Baugewerbes NRW mbh.
The business delegation was officially accompanied by Dr. Ulrike Zirpel, representing the External Economic Policy Department for Sub-Saharan Africa at the German Ministry of Economic Affairs and Energy (BMWi).
The trip provided an opportunity for the German companies to gain real on-the-ground insights into the two Eastern African countries, both through sectorial conferences and many B2B meetings, thus closely interacting with potential local partners, distributors and customers.
Construction of various sites and investment in infrastructure is instrumental to upscaling economic growth and trade opportunities for both Ethiopia and Rwanda. Not only are both countries mounting largescale schemes to provide low-income citizens with effective modern homes, but the construction sector is a major economy driver which creates employment opportunities and economic efficacy through infrastructure improvements. Germany technologies and products in this sector can add value and innovative solutions.
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