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.