Fana: At a Speed of Life!

Premier launches Investment and Jobs Creation Nat’l Committee

0 517

Addis Ababa, August 7, 2019 (FBC) – Prime Minister Dr Abiy Ahmed has launched the Investment and Jobs Creation National Committee this morning in the presence of Regional Chief Administrators and Federal Ministers.

“Noting that Ethiopia has to unlock the full potential of the private sector with a view to creating sustainable and decent jobs, the Prime Minister reiterated the importance of putting the country on a path to a virtuous cycle of development,” said office of Prime Minister on Twitter.

The committee, Chaired by the Prime Minister, comprises the Deputy Prime Minister, Presidents of the nine regional states, the Addis Ababa and Dire Dawa Mayors, two representatives from the Prime Minister office and 10 Federal Ministries.

The Ministries include Trade and Industry, Peace, Agriculture, Urban Development and Construction, Labor and Social Affairs, Innovation and Technology, Water, Irrigation and Electricity, Mines and Petroleum, Tourism and Culture, and Science and Higher Education.

The national committee will ensure the creation of sustainable and decent work by aligning policy and institutional systems. It will also play a leading role in securing and expanding investments closely and ensure implementation of plans to increase investments and job creation, the office said.

The committee is also set to coordinate for effective outputs, the work of Federal and Regional entities and other stakeholders in creating a conducive investment environment to accelerate jobs creation, it added

Every year between 2-3 million youth enter the employability age range and add to Ethiopia’s human resource and talent pool. While Ethiopia’s economic performance is progressive, more work needs to be done to create a conducive investment climate towards job creation.

The Doing Business Initiative and committee led by the Prime Minister has marked key milestones towards the goal of creating an enabling business environment in which the private sector can play its critical jobs creation role.

These two committees working in synchronization are expected to facilitate the goal of creating 3 million jobs by the end of E.C 2012, the Prime Minister office indicated.

Key sectors identified and given special focus to accelerate jobs creation nationwide include agriculture, mining, tourism and IT.

The National Committee will meet every two months to evaluate progress and follow-up on issues requiring immediate action to unlock performance.

Following the meeting, Prime Minister Dr Abiy and the committee members planted seedlings together for a Green Legacy.