guide 2000 English.pub - SNNPR Investment Expansion Process

3INTRODUCTIONIn SNNPR , given the existing abundant natural resource base such as vast water resources,thousands hectares of potentially irrigable land, suitable climate, large number of labour force,the prospect for high investment is very promising.Utilizing the advantage of natural resources for export of high-value agricultural products isthe best strategy to achieve rapid economic growth for a country .In view of this private initiatives are encouraged to focus on agricultural investments wherethey have the best comparative advantage.To this end the Southern Nations Nationalities and People’s Regional State has attempted toidentify rural land according to their suitability or best use.Further more , based on the resource potential of the region, feasible industrial project profileshave been prepared for each zone and special woreda.The objective of this investment guide is provide vital information to private investors . (localof foreign) important for investment and enhance their participation in all investment venturespotential in the region .The guide comprises three parts . Part one the general profile of the region which describes thegeographic and socio economic feature of the region.Part two deals with the geographic and socio economic profile and investment opportunities ofeach zone and special woreda’s of the region . Identified land for rural and urban investment aswell as important information's related to rental price and regulations are treated is the lastsection of the guide.MAY 2008AWASSA