Special Economic Zones in the OIC Region:
Learning from Experience
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Non-fiscal incentives
Non-fiscal incentives for manufacturers:
 Expedited procedure of securing entry, work permit and certificate of residency for
expatriate personnel working in industrial parks and their dependents; and
 Customs facilitation - transport of imported raw materials straight from customs post
to factory through bonded export factory scheme.
Non-fiscal incentives for developers:
 Provision of essential infrastructure, including dedicated power substations;
 One-stop government services within the parks premises; and
 Land lease term: 60-80 years at nominal rate for factories & residential quarters.
5.7.4 Organisational and Administrative Profile
Ethiopian Industrial Parks Development Corporation (IPDC) was established in 2014, as a public
enterprise. One of its primary mandates is to develop and administer Ethiopia’s industrial parks,
including leasing developed land as well leasing and transferring, through sale, of buildings on
the industrial park land.
The IPDC, works with the Ethiopian Investment commission and the Ethiopian Revenue and
Custom Authority to provide a one-stop-shop service for investors investing in the designated
industrial parks.
5.7.5 Economic Profile
Real Estate
Services available in Bole Lemi industrial park:
 One-stop-shop (on site and in EIC’s HQ in Addis Ababa);
 Facilitation and after care;
 Cafeteria, banking & other common services; and
 Custom clearance service for imported raw materials & exported products. 118
Sectoral Focus
The park focuses on the following sectors:
 Apparel and Textiles; and
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