Zone: As a thriving hub of economic growth, investment opportunities

West Hararge Zone, located in the Oromia region of Ethiopia, has emerged as a dynamic economic center, witnessing remarkable growth and development in recent years. The zone has achieved significant milestones in revenue collection, agricultural productivity, investment promotion, and tourism. Approached by The Ethiopian Press Agency (EPA), Zone’s Chief Administrator Ikram Teha delved the various facets of West Hararge Zone’s economic activities, highlighting its achievements, investment opportunities, and potential for further growth.

As to her, the Zone has demonstrated its prowess in agriculture, with a focus on irrigation projects and sustainable land management. Through extensive irrigation efforts, the zone has successfully revived vast areas of degraded land, enabling farmers to cultivate winter wheat. With a planned target of 40,500 hectares for wheat production in the current fiscal year, the zone has exceeded expectations, with nearly 50,000 hectares under cultivation. This outstanding performance reflects a continuous increase from 17,000 and 30,000 hectares in the preceding two fiscal years.

“The agricultural success of the Zone extends beyond wheat production. The zone has also made significant strides in diversifying its agricultural portfolio, embracing innovative techniques to enhance productivity and sustainability. Farmers have been encouraged to adopt modern farming practices, including the cultivation of high-value crops such as fruits, vegetables, and spices. These endeavors have not only increased the income of farmers but have also contributed to food security and improved the overall quality of life in the region”.

Moreover, the zone’s revenue collection has been commendable, totaling 1.3 billion Birr during the first six months of the current fiscal year, positioning it as the third highest revenue generator in the entire Oromia region, she added.

Ikram further explained that the West Hararge Zone presents myriads of investment opportunities across diverse sectors. The zone has witnessed the successful transition of 60 associations from small to medium-scale enterprises, showcasing its commitment to fostering sustainable economic growth. Investors can explore sectors such as mining, tourism, hotels, coffee, and chat exports, which offer lucrative prospects for both local and international markets.

“Recognizing the vital role played by Small and Midsize Enterprises (SMEs) in driving economic growth and job creation, West Hararge Zone has prioritized its promotion and development. The Zone’s administration has implemented various initiatives to support and nurture small businesses, including providing access to finance, offering training and capacity-building programs, and facilitating market linkages. By empowering SMEs, the zone is fostering entrepreneurship, encouraging innovation, and fostering a vibrant business ecosystem”.

The zone’s strategic location, with Chiro town serving as an import-export corridor, further enhances the potential for businesses to thrive and maximize profits. Notably, the Zone’s export portfolio encompasses wheat, chat, and coffee, catering to the demands of foreign markets alongside the local market, she noted. Additionally, the Zone boasts high fruit production, including mangoes, apples, and other fruits cultivated through innovative desert irrigation projects.

Moreover, the Zone is also blessed with rich historical and cultural heritage, making it an enticing destination for tourists. According to her, the Zone features ancient caves, captivating landscapes, religious sites, and diverse wildlife, providing visitors with a truly immersive experience. This abundance of attractions has led to a significant influx of tourists, contributing to the local economy and job creation. The Zone’s administration is devoted to preserving and promoting these cultural treasures, ensuring sustainable tourism development and fostering a mutually beneficial relationship between visitors and the local community.

Recognizing the importance of creating employment opportunities, her office has prioritized initiatives aimed at engaging the youth. Accordingly, she highlighted that the Zone offers numerous avenues for gainful employment across various sectors, including urban farming, mining, and chat and coffee trade. These sectors not only provide job prospects but also serve as platforms for skill development and entrepreneurship among the youth. By harnessing the potential of its young population, the Zone is paving the way for a brighter and more prosperous future.

As to Ikram, her office actively encourages Public Private Partnerships (PPPs) to drive economic growth and enhance service delivery. Through collaborating with private sector entities, the Zone’s administration aims to leverage their expertise, resources, and innovation to accelerate development projects. PPPs have been instrumental in various sectors, including infrastructure development, tourism promotion, and the establishment of industrial zones. These partnerships foster a mutually beneficial relationship between the public and private sectors, leading to sustainable and inclusive economic development.

Noting that the Zone’s administration is working with development partners in achieving its development goals, she explained that the Zone’s administration has actively engaged with national and international development partners, non-governmental organizations, and private sector entities to leverage expertise, access funding, and implement impactful projects. This collaborative approach enables the zone to leverage resources and knowledge, accelerating its progress towards sustainable development.

Besides, the Zone’s administrative is working ardently in building robust infrastructure development projects in a way to support its growing economy. According to her, the Zone has witnessed the construction and improvement of roads, bridges, and transportation networks, facilitating smooth movement of goods and services. These infrastructure initiatives have not only bolstered local trade but have also enhanced connectivity with neighboring regions, opening up new avenues for economic collaboration and growth.

In line with global efforts to transition towards sustainable energy sources, she mentioned that the Zone has embarked on renewable energy projects. The Zone boasts ample potential for harnessing solar and wind energy, and steps have been taken to tap into these resources. The development of renewable energy infrastructure not only contributes to the reduction of carbon emissions but also presents investment opportunities in the renewable energy sector, she added.

Additionally, Ikram mentioned that the Zone places great emphasis on environmental conservation and the adoption of sustainable practices. Recognizing the importance of preserving natural resources for future generations, the Zone has implemented initiatives to promote reforestation, soil and water conservation, and waste management, she noted. These efforts not only contribute to environmental sustainability but also support the agricultural sector by ensuring the availability of fertile land and clean water sources.

Recognizing the transformative power of information and communication technology (ICT) for better economic, political, social and other affairs, the West Hararge Zone has embraced digital innovation to drive economic growth and enhance public services, she accentuated. As to her, efforts have been made to expand internet connectivity, establish digital hubs, and promote e-commerce and digital entrepreneurship. By leveraging technology, the Zone is fostering innovation, improving access to information, and creating opportunities for digital-based businesses.

All in all, as of the Chief Administrator, the West Hararge Zone has emerged as a thriving hub of economic growth and investment opportunities. Its impressive revenue collection, agricultural achievements, diverse investment prospects, and flourishing tourism industry are testaments to the Zone’s commitment to sustainable development. Coupled with these, its youth empowerment strategy also exemplifies its commitment to holistic development.

As the Zone continues to attract investors, promote job creation, and preserve its cultural heritage, West Hararge Zone is poised to become a beacon of prosperity and a model for inclusive growth in Ethiopia.

BY HIZKEL HAILU

THE ETHIOPIAN HERALD SUNDAY EDITION 24 MARCH 2024

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