72 projects with a combined capital of 6.75 billion birr have entered into implementation phase in the first quarter of this Ethiopian fiscal year, according to the Ethiopian Investment Commission.
The projects are mainly in agriculture, manufacturing and service sectors, according to Niguse Gurmu, Policy Study and Strategy Director at the Commission. The projects have created employment opportunities for more than 16,000 people.
Moreover, about 42 projects with 1.64 billion birr capital have started production and gone operational in the reported period, thus creating 3,972 permanent and temporary jobs opportunities, he indicated.
[www.fanabc.com]