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Debre Birhan city is set to have 24 factories that will create employment opportunities for thirty thousand citizens. Debre Birhan is hosting 550 investments that have a collective capital of Birr 80 billion
Debre Birhan city is set to have 24 factories that will create employment opportunities for thirty thousand citizens. Debre Birhan is hosting 550 investments that have a collective capital of Birr 80 billion.
The city plans to attract and license 330 investors in the 2022/23 fiscal year. It has succeeded in attracting 120 investors so far and capital of Birr 15 billion during the first quarter of the fiscal year alone. The city managed to give permits to investors who collectively registered Birr 41 billion capital in the 2021/22 fiscal year.
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The City’s Administration is developing infrastructure and allocating land to facilitate investment. Birr 25 million has been earmarked to construct roads in four industry zones. For the current fiscal year alone, Administration has also allocated 500 hectares of land for investment.
