Office head, Muluken Belay told ENA on Wednesday that the licenses were provided to some 121 investors who would be engaged in industry, agriculture, construction, hotel, tourism and other sectors.

The investors are undertaking preparation to launch construction on 80,000 hectares of plot.

While going fully operational the investment projects are expected to create job opportunities for more than 6,200 unemployed citizens.

The number of licensed investors and their capital in the reported period exceeds that of same period the previous year by 85 and four billion Birr, respectively.

The head ascribed the success to the promotion activities executed in connection with the Ethiopian new Millennium.

Some 382 investors with a combined capital of more than 7.8 billion Birr have been engaged in various sectors in the town as of 1985 E.C.

R-8:52-9:10 AM

E- 10:31-10:47

---END---