is Dire Dawa Administrative Region
for investments ?
fully empowered by well built systems of basic infrastructure, the
peace and security and other natural resources of this region makes
Dire Dawa Administrative Region ONE
IDEAL PLACE for investment!
Since investment plays major role
in the economics of any state or region the Dire Dawa Administrative
Council has given due consideration to it and designed certain policies
which encourage investments in the region. The policies are now fully
applicable in the Administrative region in addition to the encouraging
policies of the federal government.
following are the three Investment Encouraging Policies already in
terms of investment the Dire Dawa Administrative Region is privileged
with the following Infrastructures
and other benefits.
international Air port
that stretches from the capital (Addis Ababa) to the see port
to the port in Djibouti, to Addis Ababa, and to other cities
is surplus land lime and mobile telephone lines & fax lines
through dial up and broad band services are also
available for low price
( Data Link Service ) [ for more
info visit www.ethionet.et
office . . .
megawatts (MW) of electrical power is available throughout the
there are two huge Diesel generators of each capable of supplying
20 MW that are ready and at standby to maintain the service on
emergency power shutoffs
is 20 billion cubic meter clean underground water being used,
besides the streams and ponds in the rural areas
city is full of people graduated in different fields of both natural
and social science (many of them computer literates)
cheap labor force and people with vocational and technical training
in varies fields / GM (General Mechanics), Electronics, Wood Work,
Electricity, Metal work, Construction Skills . . . etc are available.
6. Natural Resources
Rare Metals (Associated Gemstone) [ Lithium,
Tantalum-niobium, Cesium, beryl & emerald ]
Lead (galena) Ore of Lead, Zinc etc
Mica and Feldspar (for paint, electrical installation, plastic rubber
Industrial & construction materials [ cement, chemicals, glasses...
Clay [ cement, pulp...
River sand and Sandstone [construction, glass & fibber...
Encouraging Policies in Dire Dawa
following is a brief note on the three investment encouraging policies
that the Administrative Council designed concerning legislation on investments
in the Dire Dawa Administrative Region.
Free Lease Grant
Points applied to examine whether the investment deserves the lease
free grant focus on the following:
reduction of unemployment and poverty
- conveying foreign currency by processing agricultural products
- saving of foreign currency by manufacturing products that are being
imported from abroad for domestic use.
- reducing the cost of construction work and improve the techniques
- Investments that promote the use of new technological capabilities;
encouraging invention works
- Investments that reduce problems of residential housing
to the total points scored on the evaluation (issues mentioned above and
few others not mentioned here) the lease grant will hold as stated in
the table below.
to finish paying the rest
(70-100%) lease free grant is carried out by a board after the project
is completed and has stated operating.
The investor presents documents applicable to the evaluation and if his/her
project scores 88 points or more, the 100% Lease Discount will be effectual
and all payments (including the initial payment) will be refund to the
ii) Free Income Tax Policy
that are in manufacturing, ago-industry OR producing products the federal
investment board enlisted and exporting at least 50% of that produced
OR supplying 75% of that produced to exporters are granted free
income tax for five years.
Custom Charges free and Tax free
are given license to import capital goods and construction materials
that are necessary/appropriate to their project free of custom charges
The investor can also import spare parts that are worth up to 15% of
the total value of the capital goods free of custom
can be free of customs charges according to regulations stated by
the federal investments board. However any investor is allowed to
import ambulances to be used for employees on emergency cases OR buses
for touring free of custom charges
Copyright (c) 2009 Dire Dawa Development Association.
All rights reserved.