The Ethiopian Horticulture Producer Exporters Association (EHPEA), the Ministry of Agriculture (MoA) Agricultural Investment, and the South Ethiopia Region Investment Commission today convened discussions on ways of promoting and attracting horticultural investment to Wolaita Sodo, South Ethiopia Region.
They have also dwelt upon the several investment opportunities and resources in the Region.
Stating that the Region is favorable for investments in agriculture, manufacturing and service sectors, South Ethiopia Region Investment Commissioner Atsede Ayiza revealed that several activities are underway to create conducive environment for potential investors who are desirous to operate in the Region’s horticulture sector.
Speaking on the occasion, Mayor of Wolaita Sodo Etagegn H/Mariam reiterated that Wolaita Sodo is on rapid development, with successful investors in the agriculture, manufacturing and service sectors, playing an indispensable role in knowledge and technology transfer.
With favorable climate, natural resources, stability and readily available labor force, the Mayor said Wolaita Sodo is an ideal destination for horticulture investment.
The Mayor also expressed her Administration’s committed preparedness to providing the necessary support and incentives to horticulture investment in Wolaita Sodo.
EHPEA Executive Director Tewodros Zewdie noted that the horticulture industry has been playing a huge role in generating significant amount of foreign currency while creating enormous job opportunities for local people.
The Executive Director also said that there are local and foreign horticulture farms who are keen to invest in Wolaita Sodo and its neighborhoods.
Speaking on his part, Dereje Abebe, Agricultural Investment Product Marketing Lead Executive Officer at MoA said significant results have been achieved as opportunities have been expanding for the private sector in the country’s horticulture industry.
He also stated that several interventions are well underway to unleash the Region’s potential in the subsector, and thereby generating revenue and creating job opportunities.
