IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTERS IN BUSINESS ADMINSTRATION

ABSTRACT The study entitled by factors affecting the implementation of private investment<br> projects has been conducted with the objective of investigating determinant factors<br> influencing implementation progress of private investment in Werabe Town of Siltie<br> Zone in Central Ethiopia regional state. The 93 sample respondents drawn from 127<br> of private investors provide a response rate of 98.9%. The study was used the<br> responded 92 structured questionnaires to collect cross section data about attributes<br> of private investment in the study area. The descriptive analysis and duration<br> framework for proportional hazard model were used as the main technique of data<br> analysis to identify the main factors imposing progress or delay on private<br> investment implementation. The findings of the study showed that lack of access to<br> quality infrastructure facilities like water, electric power, road, investment area<br> attractiveness, and increase bureaucratic red tapes in the public institutions have a<br> significant and direct impact on the investment implementation progress in the study<br> area. However, education level of the investors, access to land and financial<br> accessibility were found to have no significant impact on the investment<br> implementation progress in the study area. Finally, the study recommends that the<br> zone administration, the regional government, the federal government and other<br> stakeholders need to work hard towards improvement of progress for private<br> investment implementation, specially for development of infrastructural facilities<br> and institutional suitability building. The findings from this study have important<br> implications for prospective investment business owners, lenders and policy makers<br> on how to improve private investment implementation and create conducive<br> business environment.