ADDIS ABABA –By providing advanced business services, Addis Ababa has planned to attract some 8 billion Birr capital in investment related activities in the current fiscal year,city’s Investment Commission announced.
Addis Ababa Investment Commission, Plan and Budget Director Enatnesh Tamene told Ethiopian Press Agency (EPA) that her office has planned to register the aforestated amount of investment capital in service and manufacturing sectors.
Enatnesh said that the commission’s investment attraction activities mainly target manufacturing, service, urban agriculture and construction.
In order to achieve the designed investment revenue, the commission prepared to provide fast and efficient services to the investor, including providing investment information and other servicesonline, whilefacilitating service payments to be made either through cash and POS machines, in addition to Telebirr and CBE Birr mobile payment services, she said.
“We are working to create better job opportunities by supporting and following up the projects, and in terms of technology, most of the services offered by the institution are provided with the help of technology,” Enatnesh said.
In this fiscal year, the office is working to improve the availability of investment license and license related services online,while paying due attention to the digitalization of the registry office, according to the Director.
Mentioning the Commission’s activities to response to queries raised by investors, she stated tha ther institution has supported those who faced shortage of foreign currency or other challenges to import products by paying their duties and taxes.
She further said that in order to provide the support that was frequently requested by investors regarding land provision and credit access in a fast and effective manner, the management has sett o work in collaboration with institutions to create conducive environs and resolve the problems after conducting the required investigation.
BY MISGANAW ASNAKE
THE ETHIOPIAN HERALD TUESDAY 22 OCTOBER 2024
