209 Educational Investment Projects Licensed

209 Educational Investment Projects Licensed


   Addis Ababa, July 2,2001 (ENA)- Some 209 educational investment projects with a

   combined capital of two billion birr have been licensed over the past nine years, the Ethiopian

   Investment Authority said.


   Authority general manager Tadesse Haile, said 20 educational investment projects with an

   aggregate capital of 294 million birr have already gone operational.


   Tadesse made the remarks at the opening of an educational exhibition here on Friday.


   Twenty other projects with a total capital of 415 million birr were under construction, the

   general manager said.


   He said the involvement of the private sector in the educational field has steadily increased

   over the past few years.


   Twenty-one governmental and private educational institutions as well as book printing and

   importing agencies have participated at the exhibition.


   The eight-day exhibition was jointly organized by Solroje Advertising Agency and Mega

   Creative Arts Centre.