Friday, April 26, 2024
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Government announces a policy change on access to land for industrialists

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Government in its new approach has planned to facilitate facilities in industrial parks rather than providing plots of land.

Prime Minister Abiy Ahmed said that most of the bureaucracy and misdemeanor issues are raised in relation to access of land for industry development.

He stressed that from now onwards the government policy has changed and that interested industrialists who want to invest on the industry sector shall access facilities on industrial parks that are massively developed in the past few years but not utilized fully.

“For investors we will provide the adequate infrastructure at the industrial facilities, other wise for the sake of good governance, plots in Addis Ababa or regions will not be provided for industrial developments,” he strongly said.

To date, the government has built 13 industrial parks and three agro processing parks.

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