If we aspire to enhance the contribution of agriculture to our economic growth, it is imperative to modernize our agricultural practices and broaden the range of available products. In the Oromia Regional State, the export of over 100 million quintals of wheat to global markets each year is a remarkable achievement. Various initiatives have yielded impressive results by diversifying agricultural crops like avocados, bananas, and tea leaves, turning them into valuable commodities. Notably, the avocado production initiative has significantly increased output and become a significant source of foreign currency. To ensure the success of the region's banana production project, selected banana seeds are being developed through tissue culture and made accessible to the public. With more than 7,000 banana plants already cultivated on over 2,000 hectares of land, an estimated 2.5 million more are expected to be planted this year. These programs are providing our farmers with new productio
𝙒𝙝𝙮 𝙄𝙣𝙫𝙚𝙨𝙩 𝙞𝙣 𝙊𝙧𝙤𝙢𝙞𝙖?
Investment Opportunities in Oromia, Ethiopia
Oromia, a region known for its fertile soil and central location within Ethiopia, offers a diverse agro-ecology that makes it ideal for various investment sectors. It is home to a vast array of resources, including coffee, poultry, beehives, and livestock, making it a promising destination for investors.
The capital city of Ethiopia, Finfinne (Addis Ababa), is also the capital city of Oromia Regional State. With its strategic location, Finfinne serves as an essential regional and international transport hub. The well-developed road network radiates from Finfinne to all regions, connecting it with major cities, towns, and economically active centers across the country. Moreover, international highways link Finfinne to neighboring countries such as Kenya, Djibouti, Eritrea, Somalia, South Sudan, and Sudan, fostering trade and investment opportunities.
Oromia boasts abundant natural resources and a diverse agro-ecology, providing a favorable environment for investments across various sectors. The Oromia Social Cluster, led by the vice presidential level coordinator, Mr. Abdulhakim Muluu, is actively focused on addressing challenges and ensuring sustainable investment growth.
Efforts are being made to improve investment laws and procedures, enhance service delivery, protect the environment, generate potential income, and create job opportunities. The Bureau of Investment and Industry is working towards expanding investment in the region, supporting entrepreneurs, coordinating with stakeholders, and resolving investment-related complaints.
Diaspora participation is considered crucial to strengthen investment in Oromia. The Oromia Regional State is actively working to increase the involvement of the diaspora community in political, economic, and social activities in the country. The diaspora is encouraged to unite and contribute to the development and security of their homeland.
The Oromia Regional State has approved the Draft Law Determining the Investment Administration of the Region. The focus is on ensuring legal and transparent investment management, facilitating the expansion of investment projects, and establishing a support and monitoring system for effective implementation.
Additionally, the Manufacturing Action Program "Let Ethiopia Produce, Let Oromia Produce, Let Shaggar Produce" highlights the region's commitment to economic growth and industrial activities. Shaggar City, with its historical significance, is actively involved in investment and industry projects, creating employment opportunities for entrepreneurs and improving the lives of its people.
Investors are encouraged to explore the numerous opportunities in Oromia, a region with immense potential and a conducive investment climate. As the region continues to grow and develop, unity and participation from all stakeholders will play a pivotal role in achieving the shared goal of economic prosperity and progress.
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