Addis Ababa July 9/2019 Oromia Regional State has expressed its firm commitment to reduce ease of doing business bottlenecks and encourage investors by providing all the necessary support.
High officials of the region visited Euro Cable, Aarki Steel Private Limited Company, and Warka Trading House located at Gelan town, near the capital city, today.
Oromo Democratic Party Political and Urban Mobilization Bureau Head, Kassahun Gofe told ENA that the visit is aimed at identifying critical investment challenges and looking for ways of resolving them.
According to him, “the region is committed to supporting and recognizing investors that have effectively executed their projects, thereby creating jobs.”
He added that the regional administration always stands alongside investors to solve any constraints in the sector.
Kassahun pointed out that the government will provide land quickly for investors; but warned that “rent-seekers will not however be tolerated.”
Noting that the region has already shifted to accelerated and comprehensive development, the bureau head underscored that the administration is “working to make the region an investment hub.”
Mayor Umer Indris said on his part that Gelan town is growing fast and becoming among one of the region’s industrial corridors.
Umer further stated that works are underway to support investors engaged in various sectors, including manufacturing, garment, steel, and agro-processing.
Some 114 investments have gone operational in the town and over 30,000 jobs created for the youth.