Debre Berhan City has reported strong investment growth in the first quarter of 2024/25, with 24 investors securing new licenses and registering a combined capital of Birr 2.6 billion.

According to the City Administration’s Department of Industry and Investment, the city has become one of Ethiopia’s leading industrial destinations, supported by national reforms and improved governance.

Officials explained that efforts under the Ethiopian Tamrt Movement have resolved past challenges related to good governance in the investment sector. Licensed investors have received assistance in addressing land access, financial loans, and infrastructure, enabling them to begin construction quickly, continue building without disruption, and transition projects into full production.

In addition to new investments, 161 previously licensed institutions have completed their construction phases and are now installing machinery. Among these, Brown Food Processing Factory is preparing to source 1.2 million quintals of corn annually to produce vitamin-enriched bread, millet flour, and malt products. Similarly, Dede Bottle and Glass Factory has finalized construction, with machinery installation underway, and expects to begin production within two months.

Currently, more than 600 manufacturing industries operate in Debre Berhan and its surrounding areas, underscoring the city’s growing role as a hub for industrial and investment activity in Ethiopia.