
BY STAFF REPORTER
ADDIS ABABA – The International Mines and Technology Expo (MINTEX) is one of the best platforms to promote Ethiopia’s mineral wealth to the international market, President SahleWork Zewde said.
The president further said: “There are still works to be done so as to commercialize Ethiopia’s huge mines resource to the global market .” Opening MINTEX at the Millennium Hall here yesterday , President Sahlework said that the expo would definitely enable international investors, including Ethiopians, to learn the mineral wealth of Ethiopia.
As to her , the sector is vulnerable to illegal exploitation and trafficking. Hence, it needs a close attention to prevent the draining of this national resource. Mines and Petroleum Minister Takele Uma on his part said that Ethiopia currently earns only about 1 percent from minerals. “Mining is limited in nature, so if we prioritize environmental safety and protection, the sector can be a way out to the people from poverty.”
He pointed out that work is being done to increase this economic value to 17 percent in the next 10 to 15 years. The expo is scheduled to continue as of yesterday until November 12, 2022. The event was graced by ministers, Heads of Regional States and invited guests.
The Ethiopian Herald November 11/2022