New Investment Proclamation

Ethiopia has adopted new INVESTMENT PROCLAMATION that attracts foreign direct investment. The proclamation has been promulgated by the Parliament on January 30, 2020 and we are awaiting the publishing on the Negarit Gazeta.
According to Ato Abebe, Commissioner of the Ethiopian Investment Commission, the proclamation modernizes the investment regulatory and administrative framework, aligns with the economic reform agenda and devise faster and transparent grievance handling.

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