Fana: At a Speed of Life!

Amhara region licenses close to 20bn birr investment in first quarter

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Addis Ababa, November 6, 2019 (FBC) –The Amhara regional state industry and investment development bureau issued licenses to investors with a combined capital of close to 20 billion birr in the first quarter of this Ethiopian fiscal year.

Yihenew Alem, head of promotion and public relations director at the bureau, said the investments are in agro-processing, textile, tourism, chemical, metal and wood works, agriculture, construction and floriculture, among others.

The investment projects are expected to create employment opportunities for more than 60,000 people.