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Bahir Dar Conference to Promote Investment in Amhara Region

 
     
     
 
 















 

   

Over 200 business people from Addis Abeba are due to congregate at Bahir Dar, the seat of the Amhara Regional State, to discuss what kinds of policy incentives will attract more investment to the region. Hundreds of invitations from the office of the regional president, Ayalew Gobeze, were distributed primarily to business owners born in the regional state.

According to the region’s Trade and Industry Bureau, a total of 500 businessmen and women are invited to the daylong consultation to be held on Monday, July 17, 2006. Close to 270 of the invitees are from the Amhara state.

According to sources, the Deputy Prime Minister, Addisu Legesse, is expected to chair the meeting. He was president of the regional state in the mid 1990s.

Ambachew Mekonnen, chairman of the  Trade and Industry Bureau, told Fortune that officials of the regional state would like to hear what is stopping local investors from investing in the region. They would also like be told how the federal or regional governments could enhance investments.

“I want to tell them that the regional government should develop policies that could make the region very competitive,” said Abebaw Gelaye, one of the three owners of Star Business Group. “We are all interested in investing there.”

He is one of the 230 people invited from the capital, and one of the five people scheduled to attend from his company. He is keen to see the regional government ease land provision, develop infrastructure, facilitate bank financing and in particular, upgrade the Bahir Dar airport to international standards.

The Bureau’s Ambachew told Fortune that there is a strong interest among officials of the regional state to revise the land lease price in the region.

 
By TAGU ZERGAW
FORTUNE STAFF WRITER
 
 

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  Agenda
  Which Way to the World Cup ?
 
 

Football means many things to many people. Take, for  example, Tadesse Aynalem, the new chairman of the Coffee Football Club fans association.


30-years-old, Tadesse has had an unconventional career. He is one of four survivors of the 11 people who founded Tasfa Goh Ethiopia, a group that helped break the AIDS taboo  in Ethiopia 10 years ago. His first wife, the late Mebrat G. Meskel, was also a founding member.

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Economic Commentary
 
 

When trade representatives of the United States announced that they would concede 97pc of their duty on exports from poor countries, many delegates from the developing world were skeptical. Six months later Joseph E. Stiglitz, a Nobel laureate in economics and a professor of Economics at Columbia University, and .........

 

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Opinion
 
 

To me, the opposition parties that have decided to join parliament this year after so much haggling do not sound brilliant when trying to articulate their agendas in Parliament. Opposition politicians looked terrific before, during and immediately following the May 2005 elections. Now well-settled in Parliament, they look more timid, less imaginative and more divided.

 

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Editor's Note
 
 

Two distinct ideological tendencies were evident during the recent parliamentary debate that set the Revolutionary Democrats against what their chief priest, Prime Minister Meles Zenawi, called liberals, whom he accused of displaying confusion and inconsistency.

 

 

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My perspective
 
 

My tall Gojame friend called Thursday afternoon to kindly give me some information that I needed. He enquired about what I was writing about, and I ......


 

 

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View point
 
 

In history books, bloody revolutions and popular uprisings get all the attention. But if you look at the past more closely, many epochal democratic breakthroughs happened after the storm or next to it, when pressured autocratic regimes made concessions to democracy out of pragmatism ...

 

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Life Matters
 
 

A close member of my family is in town from Sweden for a few weeks and has been staying at our house. He has been residing in Scandinavia for well over 30 years, and it is always most entertaining when he comes to visit. His entire Abesha ......

 

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View From Arada

 

The new basilica of the Holy Saviour church built in the vicinity of Bole (referred to as Bole Medhanialem in the local vernacular) has become the latest addition to the series of tourist attractions in the metropolis.

The usual site for churches in this country is a hilltop or at least an elevated land with a commanding vantage point from where one can see the surrounding landscape. The Bole area in the southern part of Addis, however, is disadvantaged in this regard. Nonetheless, the grandeur of the basilica and its imposing presence compensate well for that natural shortcoming.

 

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Gossip
 
 

Yes, many people say putting an incumbent in the same footage with leaders of opposition, particularly those who are inexperienced, is unjust. They sure have a point. Seen in light of this, leaders of Ethiopia's parliamentary opposition should have been accorded the benefit of a doubt when they were found erring.

In large part, this is not the case. They may think of themselves as braving a huge popular protest when they decided to join the club where their archrival party has an overwhelming power. Particularly in Addis Abeba, little were they appreciated for what many believed was an act of betrayal to their colleagues in jail.

 

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Restaurant Review
 
 

Name :The Dembel Dome Restaurant


Location:
Located on the fourth floor of the Dembel City Centre


 

 

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Restaurant Review

Name :The Dembel Dome Restaurant


Location:
Located on the fourth floor of the Dembel City Centre
 
          

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Business Opportunities

    Tender Mart 
     

    Bidders for the supply of caustic soda flakes.  Ambo Minerals Water Factory.  PO Box 1805.  Tel: 251-1-153559/ 153562.  Opening date: August 12, 2006.  Publication: The Ethiopian Herald, July 11, 2006.

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Business Opportunities

Importer

A company in Pakistan (G-Tex International) is looking for importers of medical and surgical instruments, carpet and rugs, bed linen, cushions and curtains etc. For further information please contact: Mubarik Ali. Tel: +92-41-2617424. Fax: +92-41-2617425. E-mail: GTex.Int@Gmail.com.

 

Exporter

Prime Export Import Forum, a company in the Bangladesh would like to import chickpeas from Ethiopia. For further information please contact Mohammed Arif. Tel: +880 31 620227/621647. Fax: +880 31 610935. E-mail: primex@bttb.net.bd. primex@gononet.com.
 

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Business Opportunities

Partnership

Mivne Darom manufaturer of structural insulated panels in Israel is looking for potential partner in the building and contruction. For further information please contact: Ruben DePorto. Tel: 00972545407422. E-mail: deporto@inter.net.il.

Ecovita, a company in Belgium would like to work in partnership with Ethiopian companies in the manufacturing of Natural Biochemical substance which is used to solve problems associated with old age. For further information please contact: Mr. Crabble, Ecovita Laboratory. Tel. +32-2-3454170. Fax: +32-2-3443667.


 

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Business Opportunities

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