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Investors with over 161m Br capital Begin Activities(Sept 18, 2006)
Resource: Investors licensed in the last fiscal year with a registered capital of over 161 million Br in Hadiya zone of SNNPRS have begun activities, the Zonal Trade, Industry and Urban Development Department said. The 60 investors are to be engaged in agriculture, industry, real estate development, hotel and tourism as well as education and construction sectors. Upon going operational, the projects will create permanent and casual jobs to over 1,700 nationals. Some 22,000ht is being apportioned among investors. A study launched in the zone to identify more sites suitable for investment is also being finalized. Shortage of industrial raw materials ad the sky rocketing price of cement are impeding the growing investment flow to the zone.
(Source: The Ethiopian Herald, September 18, 2006)
Category: News
Posted on: Sep 27, 2006
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