Office licenses investors with over 30 million birr capital in Harrari State
Harrar, October 27, 2006 (WIC) - Investors with an aggregate capital of more than 30.5 million birr have been licensed in the Harrari State during the past three months, the Investment Office disclosed.
Office Head, Abduselam Abdosh, told WIC that the licensed investors are aspiring to engage in industry, real estate development, agriculture, health, education, hotel, mining and construction projects.
The investors will produce soap, plastic, candies, flour, cement products and build medical centers, among others, he said.
Upon going fully operational, the projects will create more than 415 permanent and casual jobs to inhabitants of the region.
The number of investors licensed in the quarter has doubled as compared to that of the same period last fiscal year since the office has improved its services, the head said.
According to Abduselam, the office licensed 95 investors with an aggregate capital of more than 163 million birr last fiscal year.
(c) Walta Information Center, Addis Ababa, Ethiopia
Office Head, Abduselam Abdosh, told WIC that the licensed investors are aspiring to engage in industry, real estate development, agriculture, health, education, hotel, mining and construction projects.
The investors will produce soap, plastic, candies, flour, cement products and build medical centers, among others, he said.
Upon going fully operational, the projects will create more than 415 permanent and casual jobs to inhabitants of the region.
The number of investors licensed in the quarter has doubled as compared to that of the same period last fiscal year since the office has improved its services, the head said.
According to Abduselam, the office licensed 95 investors with an aggregate capital of more than 163 million birr last fiscal year.
(c) Walta Information Center, Addis Ababa, Ethiopia
posted by Harar Connection at 7:24 AM
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