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Agriculture
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Agriculture is a sector with bumper
harvests of cash and food crops both in rain fed and irrigation system in
Oromiya. Despite the vast rain fed arable land available in the region,
only a small fraction has been cultivated so far. The region also owns a
high potential of land to be irrigated. Studies indicate that about
532,762 hectares of land is feasible for irrigation.
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Crop Development
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Crops of any denomination could grow in
commercial scale in Oromia because of its diverse agro-ecological zones.
The region has broad genetic diversity among its coffee varieties. Aroma
and flavors are some of the unique characteristics found in these coffees.
Nine different bean varieties are cultivated in the different growing
areas, all with distinctive tastes, sizes, shapes, and colors.
Oromiya also possesses suitable ecology
for many spices be it indigenous or exotic to be developed in small or at
large scale. The little supply obtained from naturally growing plants and
from small-scattered peasant holdings could not notably satisfy the
ever-increasing market demand.
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Floriculture
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Ethiopia is considered to be one of the
best quality flower producers of African countries but flower production
and exportation still at its infant stage though the market potential is
very high in the world particularly in Europe and the Middle East
countries. In the past few companies have been producing and exporting a
very limited volume and types of flowers. Golden Rose and Ethio-Dream
projects are worth mentioning
What is encouraging however, at present
is that more domestic and foreign private investors in the form of direct
investment are joining the sector. Most of these projects are found in
Oromia because the region has more favorable soil and climate for growing
all types of flowers. It has also high labor concentration and access to
international markets. So Investors can take these unique advantages if
they come and invest in the region.
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Forest Development
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Oromiya, a land being suitable for forest
development out of which nearly 5 percent is covered with natural forest
is the custodian of what remains of the forest resources of the country.
As some studies indicate, 21,503 hectares of land are readily available
for forestry development. In Ilubabour alone, there are 4651 hectares of
land suitable for commercial rubber plantation
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Livestock
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Ethiopia is one of the top ranking
countries in the world in terms of abundance livestock resources. It is
estimated that there are 35million cattle, 25million sheep, 18million
goats 7million Aquinas, one million camels and 53 million poultry. Almost
52 percent of the country's total population of livestock is found in
Oromia. However, this important wealth is still unexploited. Therefore,
investments in this area are potentially attractive for livestock
breeding, production and processing of meat and eggs.
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Fishery
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The region's annual fish production
potential is estimated at 17,500 tons. Rivers such as Dabus, Dhidhessa,
Guder, Muger, Jemma, the Upper Baro, Gibe, Genale, Wabi Shebelle, Fafem,
Awash, Segnen and lakes like Abijata , Ziway, Haromaya, Wonchi, Shala and
Abaya are sites for fishery development in Oromiya.
Tilapia, catfish, barbus and cyprinids are some of the species that could
attract the attention of investors for modern fishery development.
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Apiculture (Bee-keeping)
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Apiculture is a practice that is
basically linked with the forest belt areas although it is considered as
sideline. Traditional hives are mostly practiced in Jimma, Ilubabour, Bale
and Arsi zones but the yearly output is very low. The sector is one of the
promising areas of investment with plenty of room for production and
export of honey and wax.
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Source Oromiya Investment Office
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