Owing to the sound Diaspora policy, government's incentives, sustainable peace and security, ever growing tourism flow, among others, international brand and Diaspora involvement in hotel business in the country have shown a marked rise, according to Ministry of Culture and Tourism.
Ministry Diaspora Coordination Office Head Muluneh Mathios told The Ethiopian Herald that members of Ethiopian Diaspora investment in hospitality industry have been steadily growing. However, their engagement in such business varies from state to state.
He noted that Diaspora led-investments into the domestic economies surge 50 per cent annually.
According to him, currently, a large number of Diaspora communities are actively engaging in hotel construction at various tourist destinations of the states. "They have so far created over 50,000 permanent and temporary jobs across the country."
Pointing out the attributing factors for the active Diaspora involvement in the national development, Muluneh said Diaspora policy, government's incentives, peace and security, existence of affordable labor, among others are mentionable....
Ministry Diaspora Coordination Office Head Muluneh Mathios told The Ethiopian Herald that members of Ethiopian Diaspora investment in hospitality industry have been steadily growing. However, their engagement in such business varies from state to state.
He noted that Diaspora led-investments into the domestic economies surge 50 per cent annually.
According to him, currently, a large number of Diaspora communities are actively engaging in hotel construction at various tourist destinations of the states. "They have so far created over 50,000 permanent and temporary jobs across the country."
Pointing out the attributing factors for the active Diaspora involvement in the national development, Muluneh said Diaspora policy, government's incentives, peace and security, existence of affordable labor, among others are mentionable....
Owing to the sound Diaspora policy, government's incentives, sustainable peace and security, ever growing tourism flow, among others, international brand and Diaspora involvement in hotel business in the country have shown a marked rise, according to Ministry of Culture and Tourism.
Ministry Diaspora Coordination Office Head Muluneh Mathios told The Ethiopian Herald that members of Ethiopian Diaspora investment in hospitality industry have been steadily growing. However, their engagement in such business varies from state to state.
He noted that Diaspora led-investments into the domestic economies surge 50 per cent annually.
According to him, currently, a large number of Diaspora communities are actively engaging in hotel construction at various tourist destinations of the states. "They have so far created over 50,000 permanent and temporary jobs across the country."
Pointing out the attributing factors for the active Diaspora involvement in the national development, Muluneh said Diaspora policy, government's incentives, peace and security, existence of affordable labor, among others are mentionable....
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