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The foundation stone has been laid for the construction of 6 standard five star hotels with a capital of over 1.5 billion birr to create job opportunities for 1,447 people.

#Gebremedihn Mekonen 8 months ago

<p><strong>The foundation</strong> stone has been laid for the construction of 6 standard 5 star hotels in Kombolcha town of South Wollo zone. Kombolcha town industrial village; TGAS Hotel Business Consultant, Aimro Bitaw, said the company has a dry port and air transport service and is expected to invest in the city.South Wollo Zone Industry and Investment Department Head, Zeiba Ali, on her part said the construction of these hotels has played a significant role in boosting investment in construction and construction projects in the zone. He said the amount is over 1.5 billion birr and will create job opportunities for 1,447 people. The hotels will be located on 9.7 hectares of land. He said work is underway to employ 313 investors in the zone.</p> <p>According to her, there is limited land supply, lack of infrastructure and third party problems.Finally, there was a discussion on how to make the zone more competitive in terms of investment. In tax: There are many investment opportunities in hotels and mines, he said.</p>