Dila January 31/2013 Seven investors with over 51 million Birr aggregate capital are undertaking various development projects in Gedeo Zone of South Ethiopia Peoples' State during the last six months, the zonal trade and industry department said.
Department Head, Noah Feyesa told ENA on Thursday that the projects are in the areas of agriculture and social service.
He said construction of the projects created more than 1000 permanent and temporary jobs.
Over 200 hectares investment site is prepared in four urban areas in the zone based on the investment policy put in place by the government, Noah said.
Investment work process coordinator with the department, Tariku Wako on his part said investors with more than 1.3 billion Birr aggregate capital are engaged in various development activities in the zone.