Investment in the region
The diversified climatic conditions of the region make the crops, plants,
as well as livestock and minerals
to be diversified. These various
resources have the potential to make the region suitable for industrial development.
Based on the environment, ANRS has set a 10 years regional industry development Road Map. According to this Road Map, the areas of the region are divided
into 6 major investment zones as depicted in the following schematic.
Main investment opportunities and incentives
- Conducting research to study the resources of the region
at different times.
- The master plan of the regional industry
has been identified and studied ·
- More than 400 project ideas and feasibility studies have been conducted and are being
provided free to investors ·
- Recently, a 10 year regional industry development road
map of the region has been studied ·
- In 13 towns,
28 industrial villages
with an area of more than 3,400 hectares have been enclosed
and were handed over to investors ·
- In collaboration with the federal government, parks have been developed in Bahir Dar, Kombolcha,
Debre Berhan, Bure and Areriti (private) industrial parks. Out of the four pilot Integrated Agro Industrial Park, one of them is locate
in Bure, Amhara region ·
- More than 400
hectares of land cleared from third parties and handed over to investors for flowers,
vegetables, fruits and spices ·
- An international cargo flight service
has been launched
at Bar-Dar Airport
to facilitate the direct export
of flowers and vegetables ·
- Power expansion and construction of new substations in
Debre Berhan, Woldeya, Azezo,
Shawara, Debre Tabor were done ·
- Project, machine lease and operating finance to
investors are increasingly made available ·
- Organizational improvements have been made; investment
process can be made at the district
level