The Private Sector Investment (PSI) is a programme launched in December 2008. The PSI programme is administered by NL EVD, an agency of the Netherlands Government with a goal of promoting sustainable economic development by stimulating innovative pilot investments in developing countries. PSI provides 50-60% grant funding (subsidies) for investment projects that bring new economic development in 50 targeted countries, including Ethiopia. The fund is granted to a joint-venture investment between domestic (Ethiopian) and foreign companies.
