The investor called upon Ethiopians living abroad to invest in their homeland by utilizing the existing favorable investment conditions here with a view to contributing their share for the country's economic growth.

Owner and General Manager of EM Trading plc, Elias Aklilu told Ethiopian News Agency that he has returned to Ethiopia to be engaged in various investment sectors owing to the prevailinmg investment friendly atmospher in the country.

Elias said he has installed a gravel crushing mill, which is the first of its kind in Ethiopia, at a cost of 10 million Birr on 68,000 hectares of land received from Oromia State.

The investor said he is preparing to establish a food complex factory on 1,782 hectares of land provided by the Addis Ababa Care Taker Administration.

Up on going operational after three months time, the factory is expected to produce quality and export standard corn flex.

The investor has also received 70,000 square meters of land that would be used to construct a four star hotel and resort in Oromia and Amhara States at a cost of 48 million Birr.

Preliminary activities have already been finalized to complete the construction of the hotels within the next two years period, he said, adding the hotels would have a vital importance to the country’s tourism development.

The investor is conducting studies to be engaged in production of blocks that would be used for construction of real estates underway in Addis.

The investment projects have so far created 100 jobs.

Elias called upon Ethiopians in the Diaspora to contribute their share in the country's economic growth by using the prevailing investment friendly atmosphere in Ethiopia.

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