Policies And Regulations
Policies
๐ Policiesย
These outline the guiding principles and services offered by the ICT Park:
๐ข 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.
๐ 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 Parkโs master plan.
๐ผ 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
๐ 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
Regulation
๐ Regulations
These are mandatory rules that tenants and developers must follow to maintain compliance within the park:
โ๏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.
๐ ๏ธ Development and Construction Regulations
Construction must begin within the first 12โ24 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).
๐ 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.
๐ฅ 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.