Beloved actress Adey Bemnet Mulugeta to be a mom soon.
It was announced that the number of investors investing in Dredawa Free Trade Zone is increasing.
The general manager of the zone, Mr. Kamil Ibrahim, said that the number of foreign investors who want to invest in Dredawa Free Trade Zone is growing.
The general manager said that the region will play an important role in the effort to realize the journey of prosperity that has started as a country.
He stated that since the former Dredawa Industrial Park was converted into a free trade zone, the number of foreign investors who want to invest in the area has increased significantly.
He pointed out that the fact that all 15 sheds built in the zone have been occupied by foreign and local investors is the result of the free trade zone.
Mr. Kamil said that the Dredawa Free Trade Zone, which is expected to play a significant role in the national journey of prosperity, generated more than 10.7 million dollars in foreign exchange last year.
He pointed out that it was possible to save foreign currency by producing products imported from foreign countries in the trade zone. This year alone, more than 1,000 citizens have found employment in the Free Trade Zone.
He also indicated that it is expected that the Free Trade Zones Proclamation will be issued this year to bring the Free Trade Zone to its full potential and contribute to the development.
ESA reported that the decree is a way to solve legal and operational loopholes for investors who have taken sheds in the region to put them to work.
He also said that the free trade zone will speed up the development by introducing logistics and trade sectors in addition to the manufacturing sector that is currently being provided. FBC reported
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