In Ethiopia, land is public property. There is only the right to use land. Application for land acquisition can be made after taking out an investment license. Ethiopian Investment Commission (EIC) has the mandate to facilitate the allocation of land for FDI projects throughout the country. Be a foreign or domestic investor there are two ways to access urban land for your manufacturing business.
LAND LEASE AND RENT
Land lease is available on an auction basies. The price varie from place to place. Land for rent can be access in the form of sheds, plots or industrial zones.
Industrial land in industrial zones is allocated to investors at fixed prices with full utilities. Land for export-oriented industries is generally available at concessionary rate. Private investors are also encouraged to develop their own industrial parks,
- The Eastern Industrial Zone,
- George Shoes cluster industrial park and
- Huajian Group shoes cluster industrial parks are few to mention