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Some 160 Investors with over 1.4 billion Birr combined capital have been undertaking various projects in Shire Endasselassie Town of Tigray State since the last four years, the town Trade Industry and Urban Development Office said.
Speaking at a discussion forum organized in the town on April 28, Investment promotion work process coordinator with the office, Muluberhan Tizazu said the investors are engaged in the industry, hotel and tourism, construction, agriculture and real-estate , among others. Muluberhan said so far projects owned by more than 100 of the stated number of investors have entered production phase and already created over 5,000 jobs. Some participants of the forum on their parts stressed the need to speed up infrastructure development for the industry site prepared in the town towards success of investment activities in the area.