Highlights of investment opportunities and conditions in. Ethiopian investment commission vacancies and jobs in. In view of this, the agency hopes that investors will benefit from this publication in their efforts to. The page on major investment areas in ethiopia informs potential investors where and what to invest. Ethiopian investment agency invveessttmmee nntt eooppppoorrttuuniittyy pprrooffiille foorr rubbbbeerr appllaa nnttattiioonn iin eetthhiiooppiiaa 20 2 20112. In part i of top 5 opportunities for investment in ethiopia, i recommended financial services, telecoms, and heavy constructions as sectors that investors should look into. Chinese firms in ethiopia heavily rely on imported. Eia ethiopian investment agency eic ethiopian investment commission eiide ethiopian industrial inputs development enterprise. Reestablishment 11 the ethiopian investment agency hereinafter the agency is hereby established as an. Reestablishment 11 the ethiopian investment agency hereinafter the agency is hereby established as an autonomous federal government organ. The study shows an overview of ethiopian economy and investment environment by the help of descriptive and.
This page has the various types of forms of investment available in ethiopia. Ailaa agricultural investment land administration agency akldp agriculture knowledge, learning, documentation and policy project. Ethiopias agriculture sector policy and investment framework. Enterprise agency part of the netherlands ministry of economic. Ethiopia investment policies and incentives and opportunities. According to the ethiopian investment agency eia, the areas with the most. Deputy pm, security discuss execution of state of emergency. Trea tigray regional environmental agency trio tigray regional investment office, tigray regional state.
Drmspif disaster risk managementstrategic programme and investment framework edri ethiopian. Investment procedures in ethiopia ethiopian business portal. Ethiopian, concerning posts other than higher management position and. Ethiopian investment policy the ethiopian constitution and the investment law guarantee protection of private property and investment in addition, ethiopia is a signatory of 29 bilateral investment treaties and 6 multilateral investment agreements that stipulate. Top 5 opportunities for investment in ethiopia part ii. The ethiopian investment agency eia approves the submitted documents and issues an investment permit in 23 hours time if the above documents are received in full. Grade 11 economics textbook for ethiopian students pdf. Ethiopia amendment of the investment proclamation fikadu. For further information read ethiopian investment guide 2015 or visit vestethiopia. Laws and practices by dejene girma janka william l. The ethiopian investment commission eic is a government organization established in 1992 to promote private investment, primarily foreign direct investment. Work permit ethiopian investment agency application for work permit to be completed in four copies i.
Ethiopian investment agency ethiopian embassy in the. Feb 15, 2017 foreign direct investment in ethiopia dropped by a fifth in the first half of the countrys fiscal year after violent antigovernment protests in which foreignowned businesses were targeted. The legal status of these stateowned share companies viewed from different perspectives is. Using an agent or distributor to conduct business effectively and participate in local tenders, it is advisable for uk companies to appoint local agents to represent their products in ethiopia. Foreign direct investment in ethiopia dropped by a fifth in the first half of the countrys fiscal year after violent antigovernment protests in which foreignowned businesses were targeted. National educational assessment and examination agency. These incentives are available both to foreign and.
Ethiopian investment agencyissued 1,805 investment licenses, mostly 40% to residents of the usa, with. Ethiopia investment policies and incentives and opportunities unido. Drmspif disaster risk management strategic programme investment framework drmtwg disaster risk management technical working group. Feedback collected from over 20 ministriesagencies. In view of this, the agency hopes that investors will benefit from this publication in their efforts to establish successful businesses in ethiopia.
How to do business in ethiopia doing business in ethiopia. The overall activities of the commission are supervised and followed up by an investment board, which is chaired by the prime minister. Ethiopian shipping and logistics services enterprise. This regulation may be cited as the ethiopian investment agency reestablishment council of ministers regulation no. Birr ethiopian currency cmam community based management of acute malnutrition. The ethiopian investment agency eia, which is an autonomous government body, serves as a onestopshop for issuing investment licenses and investment facilitations. A 2014 amendment to the investment proclamation restructured the existing regulatory investment body, the ethiopian investment agency eia under the ministry of industry, to a separate governmental body, the eic, with the ethiopian prime minister serving as chairman of the eic board. Investment incentives to encourage private investment. According to sources at the rubber plantation and processing, every pre condition to. Ethiopian investment commission is a government institution established in 1992 to promote private investment, primarily foreign direct investment. Investment a foreign investor, domestic investor or a partnership of foreign and domestic investors who plans to engage in investment activities in ethiopia are expected to follow the investment procedures in. Ethiopian netherlands business event 56 november 2015, rijswijk, the netherlands.
Strikingly, potential investment opportunities seem to barely travel through formal channels, such as through the investment promotion agency or other government agencies. The legal status of stateowned share companies in ethiopia. Historical background of rubber tree in ethiopia history tells that until the beginning of. A preferred location for foreign direct investment in africa. Overview of ethiopian investment opportunities and policies. The objective behind the amendment under proclamation number 8492014 is said to be aimed at further facilitating and encouraging investments in ethiopia. Investment looking at the investment licensing profiles of the ethiopian investment agency and regional investment offices, a total of,504 investment projects involving birr 149. A commissioner, who is also member of the board, heads the eic.
Itio investment, trade and industry office, amhara regional state nepa national environmental policy act, 1969, us oic oromia investment commission orea oromia regional environmental agency pasdep plan for accelerated and sustained development to end poverty pm prime minister rea regional environmental agency. Ethiopia has great potential for investments for several reasons. Ethiopias agriculture sector policy and investment. Pdf there have been significant social, economic and political changes in ethiopia in recent decades. Investment brochure to ethiopia ethiopia investment commission. The information in this booklet is based on investment proclamations, tax law, legislative. The ethiopian investment commission has been set up by the government as the responsible organ to.
Foreign investment in ethiopia slumps after business. The ethiopian government has formulated and started the implementation of the second five year growth and transformation plan gtp to carry forward the important strategic directions to maintaining a fast growing economy in all sectors. Ethiopian investment agency invveessttmmee nntt eooppppoorrttuuniittyy pprrooffiille foorr. The house of the peoples repre sentatives is the highest authority of the federal government. Investment a foreign investor, domestic investor or a partnership of foreign and domestic investors who plans to engage in investment activities in ethiopia are expected to follow the investment procedures in ethiopia. In line with the marketoriented economic policy of 1992, the investment regime has also liberalized since then. A completed application form is one of the documents required for an investment permit.
Admission foreign investors can invest alone or in. Short title this regulation may be cited as the ethiopian investment agency reestablishment council of ministers regulation no. Ethiopian renaissance dam on abbay river commonly known as the blue nile was also launched on april 2. Pdf report on ethiopian foreign investment law and practice. Microsoft word areas reserved for domestic investment. Privilege to full repatriation of profits, dividends, principal and interest. Ethiopia, by the ethiopian investment authority eia and the ethiopian commission on science and technology ecst. Ethiopian investment commission, in front of dembel city. Therefore, it is depicted in ethiopian privatization agency news, pursuant to no. Ethiopia is a member of the multilateral investment guarantee agency miga and the. The telecommunications and energy sectors were thrown open to foreign investors later. Some foreigners, who came to ethiopia before ydlibi, were searching for rubber themselves for several years past and made an attempt to grow it from seeds in a wrong part of the. Reestablishment 11 the ethiopian investment agency hereinafter the agency is hereby established as an autonomous federal government organ having its own legal personality. The ethiopian investment commission eic is an autonomous government institution accountable to the countrys investment board, which is chaired by the prime minister.
Investment procedures in ethiopia details written by administrator published on 30 april 2008 category. Jica japan international cooperation agency acronyms. An investment guide to ethiopia import duty exemption on import of capital goods, construction materials, spare parts with a value up to 15% of the total value of capital goods 100% of total value. Ethiopian investment commission, addis ababa, ethiopia. Attorney general issues directive for execution of state of emergency proclamation.
For a long time ethiopian social security agency has an aim to collect and accumulate money to effect a payment for old age and invests the left over in appropriate investment options. Privilege is given to full repatriate profits, dividends, principal and. Ethiopian investment commission eic areas reserved for domestic investment according to the investment proclamation of 2012, some restrictions apply to foreign investment. The ethiopian investment commission has been set up by the government as the responsible organ to facilitate investment in ethiopia. Ethiopas investment commission eic is mandated with promoting investments in ethiopia. Since 1991, successive ethiopian administrations have shown their. It is endowed with large land size 8th largest country in africa and 27th in the world and huge proportion of arable land, diverse topography and agroclimatic zones, a. Ethiopia investment guide 20172018 aln ethiopia mesfin. In grade 11, economics is one of the most important subjects in the social sciences stream. This page uses frames, but your browser doesnt support them.
Ethiopian investment commission is a government institution established in 1992 to promote private investment, primarily foreign. Ethiopian investment agency for instance, hot pepper berebere of ethiopia is a must for the traditional and most staple food wot in many parts of the country. If the space provided in the form is not sufficient, use supplementary sheet of paper. Foreign investment in ethiopia slumps after business attacks. Miga multilateral investment guarantee agency mofec ministry of finance and economic cooperation. Agriculture ethiopia is a conducive investment destination for commercial farming. Application for investment permit for expansion or upgrading. Grade 11 economics textbook for ethiopian students pdf download. Without further ado, here are my recommendations for the top two opportunities for investment in ethiopia. In case of export oriented non equity based foreign collaboration agreement. This page contains a guide to the existing investment proclamations and regulations. The ethiopian investment agency eia can provide more information on setting up a business in ethiopia. Regardless of this intention, funds have been simply gotten without adequately.
A new amendment has been made on the previous investment proclamation number 7692012. Ethiopian recalibrates cargo operations in the wake of covid19. The ethiopian investment agency eia regularly issues a publication on factor costs in the country with the aim to assist investors in the preparation of investment projects. It is therefore necessary to complete the form as fully and accurately as possible. It is responsible for facilitating the implementation of new investment projects, providing after care services for new and existing investments, as well as organizing investment promotion activities both locally and internationally. Ethiopian investment agency application for work permit to be completed in four copies i.
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