Key MessageAmhara Region
Investment Areas
Tourism
The tourist investment sector is booming for both local and foreign visitors eager to invest on the interesting sites such as the Lalibela hock-hewn churches, Fasil Castel, Simien Mountain national park and Lake Tana monasteries.
Textile & Garments
Ethiopia is one of the world’s top exporters of textile and garments. Currently, the total earnings from the export of textile and garments stands at $145 million. There are plans underway to boost this to over $30 billion a year.
Agriculture
Agricultural export specifically coffee and oilseed, is one of the top earners of revenue in the country. Agriculture can easily be practiced because of reliable rainfall, availability of rivers for irrigation use during dry seasons and vast fertile lands for crop production.
Rivers & Lakes
Amhara region which is located on the north western part of Ethiopia is one of the 9 states/regions in Ethiopia.It is a source of several rivers such as the Blue Nile and Lake Tana. The free-flowing water in the rivers can be harnessed to produce hydroelectric power.
Energy Provision
Energy provision is a sector with very minimum competition and if tapped well will benefit the locals and at the same time help in the development of infrastructure. Despite the fact that this investment requires a lot of capital, it is a rewarding gamble and it ends up paying off.
Exports
It is important to note that most of the USA garment manufacturing industries are currently moving to Ethiopia because of the high tariffs imposed on the China garments. This is therefore a high potential area of investment. Investors are exposed to details of Investment.