More than 200 investment projects worth 20.7 billion Birr have gone operational, according to the Ethiopian Investment Commission.

Getahun Negash, Public Relations Directorate Director of the Commission, in his exclusive interview with Walta Information Center (WIC) said the commission has planned to enable 300 to commence production with 24 billion Birr in the previous budget year.

He said 215 investment projects worth 20.8 billion birr have started production, which is 72 percent of the commission’s plan.

Among the projects, 122 projects are engaged in the manufacturing sector, 85 in service delivery and 8 in agriculture, Getahun Stated.

It was learnt that these projects have created job opportunities for 23,262 citizens.

Even if capital of investment projects has increased by 11 percent compared to the preceding budget year, the number of projects has declined by five percent.

Source: Walta Information Center