An investment license was issued to investors who have registered capital of more than 200 million birr in Gambella region.

An investment license was issued to investors who have registered capital of more than 200 million birr in Gambella region. The Gambella Region Investment Commission has announced that 43 investors who have registered capital of more than 200 million birr in the last five months have received investment permits. According to the chief commissioner of the commission, Lou Ubup (Dr.), the investment license was given in agriculture, industry and service sectors. He told ESA that the flow of investors entering the region to deploy in these licensed sectors is increasing. He announced that the investors who have taken permission will create permanent and temporary jobs for more than 2 thousand 500 citizens when they are fully operational. In addition to facilitating investment in the region, the investors have requested that the commission’s support and cooperation should be strengthened in terms of product enhancement, supply of resources and market linkages.

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