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
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
- 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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