https://en.sputniknews.africa/20250322/ethiopia-has-become-top-foreign-direct-investment-destination-investment-commission-says-1071216049.html

Ethiopia Has Become Top Foreign Direct Investment Destination, Investment Commission Says

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Earlier, Ethiopia upgraded 10 industrial parks to Special Economic Zones to improve its investment climate and attract foreign direct investment. The Ethiopian... 22.03.2025, Sputnik Africa

2025-03-22T16:07+0100

2025-03-22T17:27+0100

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Ethiopia has become a top Foreign Direct Investment (FDI) destination due to industrial parks and Special Economic Zones (SEZ), the Ethiopian Investment Commission said.This shift is largely attributed to the new SEZ legislation, which restructures Ethiopia’s economic policy by providing a clear framework for establishing and governing these zones. The Ethiopian Investment Commission (EIC) stated that these SEZs encompass a diverse investment landscape, including industrial parks, free trade zones, and science, technology, service, and agriculture/livestock parks. The key to attracting investment lies in the incentives. Investors can expect tax breaks, streamlined business processes, and robust infrastructure development. The EIC believes that effective SEZ implementation will attract significant FDI, boost trade competitiveness, and drive sustainable economic growth, allowing FDIs to leverage Ethiopia's strategic location, growing market, and favorable business climate.

https://en.sputniknews.africa/20250320/ethiopia-needs-to-negotiate-not-fight-over-red-sea-access-ethiopias-pm-says-1071178627.html

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Ethiopia Has Become Top Foreign Direct Investment Destination, Investment Commission Says

Industrial Parks Development Corporation gate, Addis Ababa, Ethiopia - Sputnik Africa, 1920, 22.03.2025

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Earlier, Ethiopia upgraded 10 industrial parks to Special Economic Zones to improve its investment climate and attract foreign direct investment. The Ethiopian Investment Commission is leading this transformation, aiming to promote industrial clustering and enhance Ethiopia's global trade position.

Ethiopia has become a top Foreign Direct Investment (FDI) destination due to industrial parks and Special Economic Zones (SEZ), the Ethiopian Investment Commission said.

This shift is largely attributed to the new SEZ legislation, which restructures Ethiopia’s economic policy by providing a clear framework for establishing and governing these zones. The Ethiopian Investment Commission (EIC) stated that these SEZs encompass a diverse investment landscape, including industrial parks, free trade zones, and science, technology, service, and agriculture/livestock parks.

Prime Minister of Ethiopia, Abiy Ahmed - Sputnik Africa, 1920, 20.03.2025

Sub-Saharan Africa

'Ethiopia Needs to Negotiate, Not Fight, Over Red Sea Access,' Ethiopia's PM Says

The key to attracting investment lies in the incentives. Investors can expect tax breaks, streamlined business processes, and robust infrastructure development. The EIC believes that effective SEZ implementation will attract significant FDI, boost trade competitiveness, and drive sustainable economic growth, allowing FDIs to leverage Ethiopia's strategic location, growing market, and favorable business climate.