| Abstract: | the progress of the status of private investment in Ethiopia has remained slow. This study was
conducted with the objective of investigating the microeconomic level determinants of private
investment in the agro processing sector. The sample consisted of 63 private investors were
selected from the total poplation of 170 using stratified random sampling method from
implementation and operational status investments. The data were collected through structured
questionnaires. The descriptive analysis and duration model were used as the main technique of
data analysis so as to identify the main factors affecting private investment implementation
delay. The findings of the study showed that access to infrastructure facilities, access to credit,
and bureaucratic red tapes have a significant and negative impact on the investment
implementation delay. However education level of the investors, access to land and corruption
were found to have no significant impact on the investment implementation delay in the study.
Finally, the study recommends that the zone administration, the regional government,the federal
government other stake holders need to work hard towards improve private investment
implementation, by considering aforementioned significant determinants of academic
performance, The findings from this study have important implications for prospective business
owners, lenders, and policy makers on how to improve private investment implementation and
create conducive business environment. |
