The Ambassador of Saudi Arabian to Ethiopia Abdullah Faleh Alarjani disclosed his country’s plan to restructure the economic of Ethiopia in 2030.

The Ambassador also appreciates Ethiopia’s success in registering remarkable economic growth in a short period of time.

In 2016, Saudi Crown Prince Mohammed bin Salman announced Vision 2030 that reduces country’s reliance on oil revenue thereby transforming the economy to one of the top investing countries in the world eyeing agriculture as a priority.

In an exclusive interview with The Ethiopian Herald, Ambassador Abdullah states that Saudi Arabia considers Ethiopia as among the primary destinations for its agricultural investments capitalizing on the geographic proximity and rich potentials.

The Ambassador says: “Vision 2030 avails a lot of opportunities to Saudi Arabia and Ethiopia to enhance their multifaceted relations, particularly in maximizing the trade and investment ties.”

Sharing the Ambassador’s idea Foreign Affairs Middle East Affairs Director Temesgen Omer, says Ethiopia offers wide investment opportunities that are crucial for Saudi to meet its economic diversification in the agriculture, health, trade and infrastructure sectors.

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Don't know if this is a good or a bad news..

I don't understand is it that Saudis control ethopoeia economy.
Hmm Ethiopians should be careful if Arabians.