Kombolcha issues investment license


Over 20 investors, with over 56 million birr combined capital, have received licenses during the last nine months to undertake various investment projects in Kombolcha Town, Amhara Regional state, the town administration said.
Town Mayor, Abere Abera, told ENA that the projects are in the areas of industry, construction, urban agriculture, hotel and tourism, among others. Abere said the projects have already created 800 jobs.
The number of investors applying to engage in different sectors in the town is increasing from time to time, he said, adding that the administration is preparing industry sites in different parts of the zone.