Ethiopia has attracted 3,522 foreign direct investment projects with a combined capital of 370 billion Birr during the last five years, the Ethiopian Investment Commission said.
The performance exceeded the target by 184 projects.
Most of the projects 1,614 or 45.8 per cent are concentrated in the capital Addis Ababa, while 906 and 162 are in Oromia and Amhara states respectively, Commission Public Relations Officer Getahun Negash said.
Southern Nations, Nationalities and Peoples and Tigray States got 98 and 56 projects respectively and the remaining projects are in other states.
Out of the total projects, 1,079 s in the agriculture, industry and services sectors have already gone operational and the remaining under construction.
The projects, which commenced operation and are under construction, have created jobs for over 80,000 citizens.
The Commission has been implementing a single window service for investors so as to enable them complete the process at one place.
The Department for Immigration and Nationality Affairs and the Ethiopian Customs, and Revenues Authority have desks in the Commission’s compound to provide residence permit, visa renewal and tax identification number (TIN) services to investors.
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