Investment Commission Finalizing New Industrial Parks RegulationFebruary 20, 2017 - Ethiopian Investment Commission (EIC) said it is finalizing a draft Industrial Parks Regulation that will mainly enable businesspersons to get one-stop services in the various parks across the country, reports ENA. This was disclosed at a half-day consultative workshop on the draft regulation organized by the commission today. It will also help to manage and develop industrial parks, establish system and monitoring, and ensure the responsibility and accountability of users of the industrial parks, he added. The commissioner, who recalled the endorsement of the Proclamation on Industrial Parks on April 9, 2015, added that the regulation upon endorsement will provide one-stop service, including customs service, telecom, electric power, and logistics, among others. According to him, the development of industrial parks is crucial to accelerate the economic growth of the country through promoting and attracting investors as well as creating job opportunities.

Source: Ethiopian News February 21, 2017 00:47 UTC