Jinka — Some 14 investors with over 68 million birr aggregate capital are engaged in development activities in south Omo zone of SNNP state, zone trade and industry department announced.
Department head, Meselle Mesfin told WIC that the investors were granted over 40,000 hectares of rural land as per the request they made over the past nine months.
The investors are currently engaged in agriculture, natural resource and agro industry development.
The investors are developing, sesame, cotton, ground nut and cereals in Dasenech, Benetsenay woredas and Omo valley, which are conducive for wide agriculture development works, the head said.
The head further said that the number of investors showing desire to work in the zone is growing time to time, adding that the department, in collaboration with state’s investment promotion work process, is issuing licenses to developmental investors.
Moreover, the department is actively working to ensure lasting development through improving natural resource management and utilization schemes, the head added.
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