TOURISM AND HOSPITALITY

Tourism and Hospitality

Ethiopia, located in the Horn of Africa’s rift valley region and known worldwide as the origin of mankind and one of the oldest civilizations, has a large and untapped tourism and hospitality business potential. Furthermore, Addis Ababa’s importance as Africa’s political capital brings a high representation of international and regional organizations, including the African Union and the United Nations Economic Commission for Africa.

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 Centres
  • Tourist Information Shops
  • Tourist Transport and Travel Services
  • Tourism Medical Services
  • Food and Beverage Services
  • Leisure & Sports
  • Education and Training Facilities

Disclaimer: The official text of the Embassy Website is the English language version. Any discrepancies or differences created in translations are not binding and have no legal effect for compliance or enforcement purposes.

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