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Agriculture
Oromia is a region which
is suitable for farming. Has extensive irrigable land. For the region is endowed
with diverse agro-ecological zones, crops of any types can be grown on a
commercial scale farming. The region also has broad genetic diversity amongst
its coffee varieties. These varieties of coffee have there own unique.
Charactersics of
aromatic flavor about nine different bean varieties are cultivated; all having
their own distinctive tastes, sizes shapes and colours.
Oromia is also blessed
with suitable ecology to grow both its indigenous or exotic spices in small or
large commercial scales.
Besides, the region is
also considered as one of the best quality flower producing African countries
although the culture of producing and exporting it is still at its infant stage.
As of recent times, few companies have invested in the sector and have began
showing promising results in producing and exporting very limited volume and
types of flowers golden Rose and Ethio-Dream projects worth mentioning here.
As regards forest
development, the region is naturally ch3rished with fertile soil, favorable
climate and water to facilitate the growth of forest. So far, five percent of
its land surface is covered with natural forest. According to documents, about
21,503 hectares of land is readily available for forestry development. In
Illubabor zone alone, about 4,651 hectares of land has been identified suitable
for commercial rubber plantation and is awaiting interested investors.
Further more, about 52
percent of the country’s livestock resource is found in Oromia region. However,
this unexploited lucrative potential calls for investors to develop the sector
and benefit both the country and the investors themselves.
Oromia’s annual fish
production potential is estimated at 17,500 tons. The region’s several rivers
and lakes are rich resource sites for fishery development. Tilapia, catfish,
barbus and cyprinoids are some of the species that can attract the attention of
investors for modern fishery development.
Bee keeping although
traditional, designates the promising potential of the region. Illubabor, Himma,
Arsi, wollega and bale Zones are among the top ranking hoey producing areas of
the region oromia has plenty of room for investors intending to invest in the
sector to produce and export honey and wax of best quality.
Industry
Oromia Regional state is
highly endowed with agro-led industrial resources. In the leather and leather
goods production sector, the region has reach and unexploited potential open for
investment. The region therefore, invites interested investors to exploit the
sheep, goat skins and hides resource for wiser for wiser economic benefit to
both the country and the investors alike.
The region has enormous
resource base for ventures in textile industry. There fore, investors are also
invited and encouraged to invest in this lucrative sector for the common good.
Mining
The region is also
naturally blessed with immense geological potential resources. This include:
tantalum, high quality soda ash, gold, platinum, nickel and other metallic
resources.
Tourism
Oromia’s tourist
attraction bases are its natural endowments and historical sites. The region’s
scenic settings, flora and fauna are by far amazing. The different mammals of
wildlife and bird species, national parks, natural lakes, natural thermal
spring, historical places and natural caves are some of the tourist attraction
bases of the region.
Thus tourism undertaking
can be a lucrative business investors can draw a great deal of benefit in the
establishment of hotels, lodges, tour agencies. Etc
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