OIPDC provides a number of Opportunities:
Comparative Advantages of Investing in Oromia Integrated Agro Industrial Parks.
- Large resource base in agriculture production
- Availability of skilled and easily trainable labor force
- Political, Social and Macro-Economic Stability
- Wide domestic, regional and international market opportunities
- Competitive investment incentive packages
- Welcoming attitude of the people
- Establishment of one-stop shop service
- Attractive incentives package
- Direction towards export of finished products
- One of the most politically stable region in the country
- The establishment of industrial zones in all regions
- High Security (Low Crime Rate)
- Liberal Laws and Regulations creating favorable business and investment environments
- Access to long-term credit with low interest rate
Investment Sector Opportunities in Oromia Integrated Agro Industrial Parks
Coffee
Sesame
Meat
Dairy
Poultry
Cereal
Tomato
Potato
Honey
Main Reasons for Investing in Oromia Integrated Agro-Industrial parks
- Remarkable economic growth
- Huge infrastructural and skills development
- State of the art industrial parks ’ready-to-plug’.
- Stable economic and political environment
- Access to international markets
- Availability of abundant and wage competitive labor force
- Availability of natural resources for productions
- Transparent investment policies
- Attractive investment incentives
The Oromia Regional State Provides Site Infrastructure:
- Land , Water , Power , Roads and Telecommunication are available
- Capital contribution for IAIPs
- Government support to small and medium-sized enterprises
- Government support to foreign operations
- Logistical support
- One-stop-shop services
MARKET OPPORTUNITIES:
- Total population of Ethiopia is 105 million which is the market demand for industrial products.
- Duty free access to U.S. market under African Growth and Opportunity Act (AGOA)
- Ethiopia concluded bilateral investment treaties (BITs) and double taxation treaties (DTTs) with a number of countries:-
- BIT: Algeria, Austria, Belgium, Luxembourg, China, Denmark, Egypt, Equatorial Guinea, Finland, France, Germany, India,
Iran, Israel, Italy, Kuwait, Libya, Malaysia, Netherlands, Nigeria, Russian Federation, South Africa,
Spain, Sudan, Sweden, Switzerland, Tunisia, Turkey, United Kingdom, and Yemen.
- DTT: China, Czech Republic, Iran, Israel, South Africa, Tunisia, Turkey, and United Kingdom
- Everything but Arms Agreement (EBA) with the European Union
- Ethiopia is part of the Continuo agreement between the European Union and the African, Caribbean and Pacific Group of States (ACP countries);
- Common Market for Eastern and Southern Africa (COMESA) - Free trade area - 19 African countries - Population of 470 million
- Investment guarantees
- Ethiopia is a member of the Multilateral Investment Guarantee Agency, a World Bank affiliate,
and a signatory to the Convention on the Settlement of Investment Disputes between States and Nationals of Other States.
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