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Investment,in a reality is a jack of development of any country. In Ethiopia, investment is a sector for which the government has given the priority specially for Industrial investment in the town. so this research has given special emphasis for investment in the town as a core issue. In Ethiopian Growth Transformation Plan for five years which already commenced in 2010 it is listed that transformation from Agricultural Led Industrialization to Manufacturing led industrialization is the core objective. So, in order to contribute to this the finding of this research is used as a tool for decision maker. In other ways it provides potential investment opportunities found in Ethiopia for foreign investors those who are seeking suitable areas for investment. As a result, it is very visible to invest in Ethiopia.