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The
South Nations Nationalities and Peoples Region
of Ethiopia is a very convenient choice for Investment.
We have the investment potential in different
kinds of economic Sectors. Please come and Invest
at SNNPR. We are here to serve You. |
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| The
encouragement and promotion of investment
has become necessary so as to accelerate
the economic development of the country
and improve the living standards of its
people and to this effect the government
of Ethiopia has issued an initial Investment
proclamation in 1996 and the SNNPR government
has proclaimed Regional Investment Administration
Proclamation in 1998 to widen the scope
of involvement of private investment in
different sectors of the economy.
The
regional Investment Agency was organized
in three departments, six teams, one service,
and one liaison office in order to effectively
accomplish the powers & duties given
to it |
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Major
Duties |
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major activities include: Issuance of Investment
Permit to New investment & Expansion
investment to domestic Investors, Renewal
of investment permit, Substitution of lost
or damaged investment permit, Issuance of
trade registration certificate, Principal
registration, Issuance of Business license,
Provision of Consultancy Services to potential
investors on possible areas of investment;
Investment incentives, Facilitate the allocation
& supply of Rural & Urban Land for
approved investments in cooperation with
the concerned zone, special woreda and urban
administration executive organs, Provide
land holding certificate in cooperation
with concerned body, Investment Promotion
works, Provide information on investment
opportunities and performance of the region.
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Overview
of Investment Activities |
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| Since
the establishment of the regional investment
bureau in 1993 up to April, 2008 a total
of 4,070 projects have received licenses
to invest at different economic sectors.
Out of the total investment projects 864(21.23%)
are engaged in agriculture, 992(24.37%)
in industry, 41(0.98%) in construction,
669(16.44%) in services, 653 (16.04%) in
Hotel & Tourism, social services 424
(10.42%) and the remaining projects are
engaged in other investment sectors. |
Back
To Top |
| As
compared to the resource base and potential
of the region, investment activity has yet
to mushroom and participate in various economic
sectors and tap the potential, create employment,
and contribute towards economic development. |
|
| Sector |
No |
Capital
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Employment |
| Agriculture |
903 |
6,918,978,201 |
318,889 |
| Agro
Industry |
98 |
6,063,056,609 |
220,918 |
| Construction |
41 |
613,503,323 |
8,674 |
| Energy |
7 |
3,015,193,567 |
872 |
| Hotel
and Tourism |
667 |
2,850,875,202 |
31,671 |
| Industry |
1,004 |
3,754,613,233 |
87,047 |
| Real
Estate |
306 |
2,577,194,774 |
18,783 |
| Service
Rendering |
699 |
2,062,887,995 |
24,402 |
| Social
Service |
432 |
1,589,722,880 |
66,359 |
| Trade |
22 |
55,068,700 |
1,290 |
| Sum |
4,179 |
29,501,094,484 |
778,905 |
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For
More information Visit the SNNPR,
Investment Agency Official Website
Click
Here |
SNNPR
Trade and Industry Bureau, Investment Agency
Tel: +251-46-2203300
Fax: +251-46-2203265
E-mail: southinvest@ethionet.et
Awassa
Ethiopia |
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