The basic metal and engineering industry is crucial to the
development of any modern economy and is considered to be the
backbone of human civilization. The Ethiopian basic metal and
engineering industries lack the crucial component of producing
basic metals from iron ore or other process route and are still in
the infancy stage over the years. However, it's essential for the
sector to transfer technology from foreign firms which play a major
role in the current endeavor in Ethiopia to bring rapid and
sustainable development of the sector. The contribution of FDI to
the economy of one country will be effective if and only if there
is a local capability to absorb the technology owned by the foreign
company to other similar industries which potentially dictates a
large scale participation of local personnel's in the FDI companies
at a critical level. Though the number of foreign investors
currently destined to our country might not be small, but there is
less technological flow from foreign investors. This book
concentrates on the role of FDI on technology transfer to basic
metal and engineering industries to validate the methodology and to
demonstrate the result of the study.
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