It is important to accelerate the economic development of the country by increasing the role of the private sector in all sectors of the economy, including productive and enabling investment areas, ensuring the sustainability of the growth, strengthening the domestic production capacity and improving the living standards of the citizens.
It is necessary to establish an economic system that accelerates the international competitiveness of the national economy, expands foreign trade, creates wide and quality job opportunities, and creates sustainable and sustainable linkages between various sectors. It is important to accelerate the transfer of knowledge, skills and technology by expanding the amount of investment and the field of participation of foreign investors entering the country. In addition, it is important to improve the regional distribution of investment by expanding the relationship between foreign and domestic investments and to increase the competitiveness of domestic investors by using foreign capital.
It is appropriate to establish a control and monitoring system to ensure that investments achieve the goals set for the national investment objectives and that they are carried out according to law. To facilitate these activities and achieve the goal, it is necessary to establish regional, zone and district industry and investment offices.
The Department of Industry and Investment of North Shewa Zone is working to increase and balance the investment flow in the zone. In this way, the districts and city administrations are handling the potential investment resources and good opportunities by attracting new investors.
