Ethiopian IT Park

Policies And Regulations

Policies

๐Ÿ“‘ Policiesย 

These outline the guiding principles and services offered by the ICT Park:

๐Ÿข Office Space Rental Policy

  • The park provides competitively priced rental offices to ICT-related businesses.

  • Shared facilities include meeting rooms, reliable internet, and backup power.

  • Rental agreements are offered on an annual basis with the option to renew.

๐ŸŒ Land Lease Policy

  • Land is leased to ICT companies for building custom infrastructure such as headquarters, R&D centers, or data hubs.

  • Lease durations typically range from 15 to 45 years with renewable options.

  • Development plans must align with the ICT Parkโ€™s master plan.

๐Ÿ’ผ Investment and Business Support Policy

  • A single-window service is offered for business licensing, investment approvals, and customs processing.

  • Eligible companies enjoy:

    • Income tax holidays (up to 5 years)

    • Duty-free import of capital equipment

    • VAT exemptions on selected goods and services

๐ŸŒ Infrastructure Policy

  • Tenants are provided with:

    • High-speed fiber-optic internet

    • Dual-source electric power and backup generators

    • 24/7 site-wide security and access control

๐Ÿ“‹ Regulations

These are mandatory rules that tenants and developers must follow to maintain compliance within the park:

โš–๏ธ Lease and Occupancy Regulations

  • Companies must sign formal agreements before occupying office or land space.

  • Sub-leasing without approval is prohibited.

  • Rent must be paid according to the agreed schedule; late payments may incur penalties.

๐Ÿ› ๏ธ Development and Construction Regulations

  • Construction must begin within the first 12โ€“24 months of land lease approval.

  • All building plans must be submitted to the ICT Park Authority for approval.

  • Developers must conduct and submit an Environmental Impact Assessment (EIA).

๐Ÿ”’ Operational Regulations

  • All companies must comply with ICT Park guidelines related to noise, safety, and cleanliness.

  • Security protocols must be followed, including registration of staff and equipment.

  • Data centers and telecom service providers must comply with national cybersecurity and data protection standards.

๐Ÿ‘ฅ Employment and Labor Regulations

  • Companies are expected to prioritize hiring Ethiopian professionals where possible.

  • Foreign workers must have valid permits and must be registered through the proper immigration channels.

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