(Ecofin Agency) - The government of Ethiopia has recently allocated 3,000 hectares of land for investors interested in flower production, Xinhua reported.

“Investors from various countries, via their respective embassies and also in person, have shown interest to invest in Ethiopia's floriculture sector,” said Adugna Debele, Deputy CEO of the Ethiopian Horticulture and Agricultural Investment Authority. She added that investors with their own capital will be prioritized in the process of land attribution.

“According to the Ethiopian Horticulture Producers and Exporters Association, Ethiopia, the fourth largest supplier of flower to the world market, is endowed with suitable weather condition for flower and other horticultural products,” highlights the Chinese press agency.