Agency licenses 1.5 bln birr worth investment projects

  • PDF

Addis Ababa, 24 December 2013 (WIC) - The Ethiopian Investment Agency said it has issued licenses for investment projects worth 1.5 billion birr in the first five months of this budget year.
Agency Corporate Communication Director, Getahun Negash, told WIC yesterday that the 337 projects licensed in the reported period are owned by foreign investors.
Getahun said the projects are in the areas of manufacturing, hotel and tourism, agriculture and construction, among others.
According to Getahun, the agency has been providing the necessary support to enable the investors commence implementation soon.
The agency has begun offering 27 services at its one-stop shop to alleviate the problems encountered by investors during the licensing process, the director said.
The Ethiopian Investment Agency has set a plant to proved license for 967 projects, it was learnt.

Subscribe to get latest news

Visitors Counter

mod_vvisit_counterThis week62272
mod_vvisit_counterLast week266888
mod_vvisit_counterThis month932591
mod_vvisit_counterLast month1188964
mod_vvisit_counterAll days( since may 28, 2013)9186683

We have: 503 guests, 47 bots online
Today: Apr 21, 2014