Central Ethiopia Region to transfer land to investors with over 13.3 billion birr in capital

Addis Ababa, May 11, 2025 (FMC) — The Central Ethiopia regional government has approved the transfer of land to 66 investment projects, collectively contributing a capital of 13.361 billion birr, according to Abbas Mohammed (PhD), Head of the Central Ethiopia Regional Investment and Industrial Development Bureau.

Speaking to Fana Digital, Mr. Abbas explained that the regional government thoroughly verified the land requests submitted by the projects through various zones and special districts to ensure they met the necessary criteria.

He outlined that the registered capital for these investments is distributed across sectors as follows: 1.82 billion birr in agriculture, 7.25 billion birr in industry, and 4.27 billion birr in services.

The total registered capital for these investors, according to Abbas, is 7.18 billion birr higher than the same period last year.

Additionally, he revealed that 187 investors with a combined capital of 14.621 billion birr have been granted permits to operate across the agriculture, industry, and service sectors.

These investments are expected to generate 25,416 job opportunities once fully operational, he said.

On the other hand, Abbas noted that 158 investment projects were found to be non-compliant with their contractual obligations. Of these, 114 received written warnings, while 44 had their contracts terminated, and their permits were revoked.

In a positive development, 12 industries that had previously halted operations for various reasons have successfully resumed with government support.

Mr. Abbas concluded that these investment projects are benefiting local communities through job creation, technology transfer, and infrastructure development.