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Ethiopia: Agency Availed 3.6m Hectare for Agricultural Investment

Ethiopia's Agriculture, Investment and Land Administration Agency availed 3.6 million hectares arable land to investors in the agriculture sector, Ethiopian News Agency reported.

 

Speaking on a training provided for investors engaged in coffee plantation in Oromia and South Ethiopia Peoples' States, Agency Representative Asres Argaw said 470,000 hectares land has already been provided for Ethiopian and foreign investors for the cultivation of cotton, palm trees and sugarcane.

The Ethiopian government is working to increase the private sector's participation in the agriculture sector, Asres said.

Asres said the conducive investment policies and strategies as well as incentives attracted more investors to engage in coffee plantations, a government priority area.

The Agriculture, Investment and Land Administration Agency is a newly established agency aimed at providing integrated support for investors and improve land utilization and production.

Source: Ethiopian News Agency