With an abundance of natural resources that have not been significantly exploited, Ethiopia has “enormous potential” for the export of these resources and at a relatively low production cost, Ethiopia Ministry of Mines, Petroleum and Natural Gas planning, monitoring and evaluation director Geremew Negassa has said. This is in line with Ethiopia’s pursuit of various reforms that are designed to attract and safeguard intensive long-term capital investment into the country, where targets have been set for the economy.
