Use Your Advantage in Africa´s Most Advanced Factories
The government of Ethiopia has secured $103 million export earnings from products manufactured in industrial parks over the first nine months of its fiscal year started July 8, 2018.
The performance has increased by 40 percent compared to last year same period, according to Ethiopian Investment Commissioner Abebe Abebayehu. He noted that the country had met 70 percent of its export earning target over these nine months.
Textiles, shoes and other leather products were among the manufactured items that generated hard currency for Ethiopia. The report also stated that the active industrial parks of Ethiopia have created jobs for over 70,000 people so far, of which around 16,000 were created over the past nine months.
Ethiopia’s industrial parks include Hawassa, Bole Lemi, Kilinto, Mekelle, Dire Dawa, Kombolcha, Debre Birhan, Addis Industrial Village and Jimma, among others.
To date, Bole Lemi, Mekele, Adama have partially started operation, and Hawassa Industrial Park is already operational.
State of the Art Factories –
Your Benefit
Ethiopia offers factories with highest standards in Africa. You may take advantage of Plug-and-play Industrial Parks at subsidized rent rates.
Key Features:
Plug and play service for investors (dedicated electricity, water and other utilities).
Integrated one stop shop services (bank, customs, logistics, investment facilitation etc…).
State of the art waste management system.
Located along key economic corridors, connected to ports by road and electric-powered railway lines with close proximity to high labour force pool.
Dedicated and specialized parks for priority manufacturing sectors.
Investment area open for the private sector (domestic and FDI).
Nine operational / six complete and five under construction.
Two Leather Dedicated Industrial Parks
Huajian Shoe City:
Addis Ababa, 10km distance from airport / Size: 137.8 ha / Expected date of completion: 2020
George Shoe Industrial Park:
Modjo, 70 km from the capital / Size: 125 ha / Expected date of completion: 2020
COMPOSITION:
Factory sheds for manufacturing of leather and leather products.
STRATEGIC ADVANTAGES:
Along the newly built Addis–Djibouti railway.
Close to Modjo dry port, Addis Ababa international airport and Modjo leather cluster.
Convenient for residence of international staff and their families.
Close to the source of RHS; as most modern ablators, RHS traders and tanneries are located on the Addis –Modjo route.
AMENITIES AND SUPPORTIVE STRUCTURES:
Staff apartments
Hospital
Sewage treatment plant
Part service centre
Common water plant
Hotel
Several Incentives and Bilateral Agreements Promoting Market Access and Operational Efficiency
FISCAL:
Income tax exemptions
Custom tax exemptions
Loss carry forward
Full export duty exemption
NON-FISCAL:
One-Stop Shop Service
Expedited procedure for securing
visa, work permit and certificate of
residency
Facilitation of market linkages
OTHERS:
Guarantee against expropriation
Guarantee for repatriation of funds
Customs facilitation through bonded export
factory and similar other schemes
Relaxed Industrial park land regime
