Ethiopia attracts FDI worth over $1 bln

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The Ethiopian Investment Commission (EIC) said it has attracted 54 investors with over $1 billion in the past four months, achieving 78 percent of the target.

The amount had increased by 28 percent compared to the same period last year.

Thirty-three of the 54 investment projects registered are in the manufacturing sector, while the remaining are in the service sector, and most of the investments come from China.

More than 34,580 jobs have been created and about 24,000 of them are women.

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