Corporation showcases Ethiopia’s Special Economic Zones to potential investors in Tokyo

Addis Ababa, March 4, 2025 (FMC) – Ethiopia’s Industrial Parks Development Corporation (IPDC) is promoting the investment opportunities available within the East African nation’s Special Economic Zones (SEZs) to potential investors during the 33rd edition of the Asia, Arab, and Africa Investment Forum in Tokyo, Japan.

A high-level delegation led by the CEO of IPDC, Fisseha Yitagesu, is showcasing the benefits and incentives that Ethiopia offers through its special economic zones and free trade zone to forum participants and foreign investors.

According to the CEO, the delegation’s main objective is to highlight Ethiopia’s strategic position as a prime destination for investment.

Fisseha emphasized that the Ethiopian government has recently implemented a range of favorable investment policies designed to create an attractive and efficient investment climate.

Key reforms include the introduction of the Homegrown Economic Reform, the adoption of a free-floating exchange regime, and the ratification of the Special Economic Zone Proclamation, which facilitates a one-stop-shop service within the special economic zones.

Additionally, Fisseha underscored Ethiopia’s youthful workforce and the corporation’s efforts to develop modern infrastructure within the special economic zones.

He also pointed out the availability of reliable and competitively priced electric power as another key factor that makes the country particularly appealing to foreign investors.

In his opening remarks at the forum, Ethiopia’s Ambassador to Japan, Daba Debele, highlighted the wide array of investment opportunities across Ethiopia.

The ambassador noted that the government’s reforms, which aim to address past challenges in the investment sector, have already begun yielding positive results.