INVESTMENT
OPPORTUNITIES
Tourism and Hospitality
Ethiopia is one of the oldest civilizations, the source of the mighty Nile River, and is endowed with a long-aged heritage and uninterrupted political independence. Located in the horn of Africa’s Rift Valley region and known globally as the origin of mankind, Ethiopia offers a variety of tourism attractions such as Natural, Cultural, Historical, Mystical, Athletics, and MICE.
Ethiopia commands a large and untapped potential for the tourism and hospitality business. The increasing number of tourists and the evolving profile of today’s traveler demand a host of new tourism offerings and infrastructure projects.
Investment areas reserved only for domestic investors
- Hotel, lodge, resort, motel, guest house, pension services ( excluding those that are star designated)
- Restaurant, tearoom, coffee shops, bars, night clubs and catering services (excluding star designed national cuisine restaurant services)
- Travel agency, travel ticket sales and trade auxiliary services
- Tour operation
- Transport services (excluding Railway, Cable car, Cold-chain, freight transport having a capacity of more than 25 tones and transport services reserved for joint investment with the government or domestic investors)
- Producing bakery products and pastries for domestic market
Investment areas reserved for joint investment (domestic and foreign investors)
- Domestic air transport service
- Cross country transport service using buses with a seating capacity of more than 45 passengers
- Urban mass transport service with large carrying capacity
Note that a foreign investor jointly investing with a domestic investor in areas listed above shall not hold more than 49% of the share capital of the enterprise
investment areas open to foreign investors
Investment areas that are not listed herein the above; are open to foreign investors
- MICE Facilities
- Star rated tourist hotels and lodges
- Entertainment and Shopping Centers
- Tourist Information Shops
- Tourist Transport and Travel Services
- Tourism Medical Services
- Food and Beverage Services
- Leisure & Sports
- Education and Training Facilities