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FEDERAL NEGARIT GAZETTE
OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA

Y.? WIRV 5,704• *PC f 4..f.G•4re 4.9°h1,(1.5"E GT4IA.h 21' Year No.2
v'cc 51 +1 Iii i.r raopo 9410 (I.+ mi1t5+ ?mai ADDIS ABABA 5th December, 2014

0 7(0-at CNTENTS

R' 41 4'rC 1:ynx/ri.% 5.9° Regulation No. 326/2014

1%.1.97-414-6 XCIIT tICT461 `1**(/..e Industrial Parks Development Corporation Establishment

X111 Council of Ministers Regulation Page 7752

►ohc 7R* %nAklg

rattni.cl. The .c.741 iliac PUMA COUNCIL OF MINISTERS REGULATION No. 326/2014

111.74-A+G rCt' A°7+. t1C7-47f77 111**9° COUNCIL OF MINISTERS REGULATION TO

Pawl rinatii-esf riK (Li- x71 PROVIDE FOR THE ESTABLISHMENT OF THE
INDI ATRIAL PARKS DEVELOPMENT
CORPORATION

Y-hc This Regulation is issued by the Council of

kg/AT GT4lith Ministers pursuant to Article 5 of the Definition of
ii)Aa/7S 4-1(1C AawO'} tkoal(Th h'I'k +PC Powers and Duties of the Executive Organs of the

irf6/01.1: h141• (169311P4 S'Am14. Federal Democratic Republicof EthiOpia-Proclamation

WP +91C xtireto
flh:}ntli-fitil÷ JAM +pc Mf_-1-Ygif.o"
.06(6) an/PO. Ain x141 ha)-11A::
terC
1LU £141 111.114-114.4 TCh
No.691/2010, Article 47(1) (a) of the Public
(6) (U) NC
Enterprises Proclamation No.25/1992 and Article 35(1)
of the Investment Proclamation No. 769/2012.
1. Short Title
A°74. ricre,,A1 This Regulation may be cited as the "Industrial

azi**atly vavd14-el. rhc x1•1 t`PC Parks Development Corporation Establishment

Council of Ministers Regulation No. 326/2014".
rk-n/g1.%" ••41A° A.m.1,11
an**r 2. Establishment
6/ MIR•114•4 ychT A°9 i• ticTeail (httu 1/ The Industrial Parks Development Corporation
"ticT67Pp" (hereinafter the "Corporation") is hereby
aplabwi. ?Am94• PCY-7• ON' established as a federal government public
enterprise.
AMU £141

f14. .9li.a► 110

Unit Price ftC 6.00 Negarit G. P.O.Box 80001
/ft PEXPir 6..RG•A 576+ „WV. +PC g VAC N% +1 871.7 g.4° Federal Negarit Gazette No.2 5th December, 2014 ..page 7753

gi tiCTI0755- floolittO. ?Am74• K'Ck-r-i- 2/ The Corporation shall be governed by the

hTY: 4:TC trou)44. Public Enterprises Proclamation No. 25/1992.

E. t+alalG flAdwAtill 3. Supervising Authority

116mTVA-0. i'9,(1%)7° MA 6'hC76711/- A body to be designated by the government shall

"14 qt1,-"Aa13 be the supervising authority of the Corporation.

Q. TS aofruG.11 fL 4. Head Office

0-1C7'67b- ao,W/, M. (PIRO hflil (PT The Corporation shall have its head office in Addis

01.1,4414•4 n,r-**(70-qi=0)- Ababa and may have branch offices in areas where
industrial parks are established.
4.c36NA: A.tioza)•

ciA9 5. Purpose
17C76M• (111929T The purposes for which the Corporation is
established shall be:

bl i'&14.1.0.4 i'°9A°74. 1/ to develop and administer industrial parks,

,r4gC 1111.11 "9h1,49. hS `TYIJ• lease developed land and lease or transfer,

PT') Ca9h1-19. aLe,v" titigqb caliti-r- through sale, constructions thereon;

tvw
g/ fh7G-T (1,711A °9t1-f C antPLI. 2/ to prepare detail national industrial parks
??L3gt•A1•4 ,TChT 71MIC master plan based on the national special

("/A-•C TA, 49t1,9g1• hhAA master plan and receive land and serve as

.2C (r/AG? ' 1191)9"10. industrial park land bank in accordance with
agreement concluded with regional
aowL a' :1• (looGh• yoT
governments;
A94. and 1. WA WS" i'°77A,A
r:/ MO. ,-9C flab-•111C 3/ in collaboration with the concerned bodies, to
ht1d117. anuiG-1. A°94 =f. 11h.1/11-11i•4 make necessary infrastructure accessible to

2 Ch hA(9.57 1 NT% (Pt- industrial park developers';

rni.t' Gil
0/ htikla if A.5710)• 4/ to outsource, through management contracts,
ticniti-•AKC I-1QC hano•C when it deems necessary, the management of

M414 hhA-1• ticn911-Mn§1: industrial parks;

1%.1M14•4 YChT1 M4'°10. fluid,o)- 5/ to promote extensively the benefits of

11°711•PTID+ wo,f4-11i.6 ,TChT industrial parks, and thereby attract investors

7 9.0,94. q110-11141 i'ape1411 to the parks;

P71t141S h.fr,"7/. ari.11.11-kC 6/ in line with directives and policy guidelines

fatrcnalal ancoef NS ?TM. h+al6N, issued by the Ministry of Finance and

Economic Development, to sell and pledge
anwZi• 119gsLa? (11K‘ VelOITS fiTtli•c
 W.31 to 4y A y.9t .91601 ti•C k VAC nX 4') NW.% 5.9° Federal Negarit Gazette No.2 5th December, 2014 ..........page 7754

?‘"1011 1.S hh7C a)-(11'S h•.T. ?TRH bonds and to negotiate and sign loan
7°101• c"•(1K.0 ay.A i"anglf.KCS agreements with local and international

4apg.10Z9" financial sources;

5119(1)-.1 h'41 eitn91'Zt1 ?°'12&. tor4 7/ engage in any other related activities
-1.119k 41/"P P-'15-P9 T1 necessary for the attainment of its purposes.

6. Capital
-Pk+ trE .61 41C 11.A.4.1 The authorized capital of the Corporation is Birr
(he'C flAr, •1C) AAP, ht-1.0 co-AT 41C k 10,000,000,000 (Ten Billion Birr) of which Birr

(LAY., a (IAA') (1)-A-1. (1.A.4. ) h9°11-1• an+ 2,500,000,000 (Two Billion Five Hundred Million

°IAA) 41C) 111'6 71t1•15 thtrAA:: Bin) is paid up in cash and in kind.

pitklii- 7. Liability
hC767PP 1-ina Triz4. nit (16/4 The Corporation may not be liable beyond its total
•(rift h,elf19°:: assets.

X. tICT4M- P°141.efli. VL 8. Duration of the Corporation

tiCT AtvilnAii 'Ut _e4 VA:: The Corporation is established for an indefinite
duration.
P. rt1il £7.0 9. Repealed Regulation
A°714. 4.mcpq The Ethiopian Industrial Development Zones
07**a9.y rVic Corporation Establishment Council of Ministers
4:1`C grivt7i. 01W g.141 Regulation No. 297/2013 is hereby repealed.

i'au41145 7)20"T optIM 10. Transfer of Rights and Obligations

91-1C K141 4:PC ejnIgAZ The rights and obligations of the Ethiopian
-ts*.VID '?`/(1Za i'h.3/4-41.1•6 A9-1• Industrial Development Zones Corporation

4'm55°I. tiCT6.61 an-flf.TS `1/PS-.5°T (11-1.1) Established under the Council of Ministers
Regulation No. 297/2013 are hereby transferred to
g1•1 AtiC74:611- -Vd1ALTA::
the Corporation.
ran• f 4110504- itt 11. Effective Date
RA) Hl 114KG-A '1264. ,911/11 This Regulation shall enter into force on the date
haYr111.1• g9°C' ?OS Reg A:: of publication in the Federal Negarit Gazette.

M.A hnq 51 a.% 5.9° Done at Addis Ababa, this 5th day of December, 2014.

f.tignIC.F9° MAN HAILEMARIAM DESSALEGN

duxo-419; 4,90t1ektre GT4110 PRIME MINISTER OF THE FEDERAL
m+4.e.°97l1+C DEMOCRATIC REPUBLIC OF ETHIOPIA
 4

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ff76;te .9101
FEDERAL NEGARIT GAZETTE
OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA

Yf hlAV 50D+ *PC g 101.-11-fvf 4KG-49; A1.91'hZ-A.PE GT41A.11 21" Year No.2
M.A hnq uAC +1 CU 3.9° ram] ÷(011P• ri-ic BA- rmai ADDIS ABABA 5th December, 2014

l'enthmt CNTENTS

rH1 *PC MVO.% 5.9° Regulation No. 326/2014

111.1A,A+G -TOT WI+ tiCT461 "9**(1..e Industrial Parks Development Corporation Establishment
rallx(t el. rhc M X741 7R. Council of Ministers Regulation Page 7752

YthC OA- R741 41TC rfrigni COUNCIL OF MINISTERS REGULATION No. 326/2014

rh.,798-ni•G ticr67171 Al**9° COUNCIL OF MINISTERS REGULATION TO,

Penal rhc OA- R11 ElioYIDLEDEuffaalAreuslimEal01 1 F,

INDUSTRIAL PARKS DEVELOPMENT
CORPORATION

rhc 11‘.41*.r This Regulation is issued by the Council of

of 'V1 AL9III0A.PE 6r41A.h htig.gtrz Ministers pursuant to Article 5 of the Definition of

fruAling Aanweil t'PC Powers and Duties of the Executive Organs of the

h14.x. flool1P4 Federal Democratic Repub4_of Ethi6Ria Proclamation

No.691/2010, Article 47(1) (a) of the Public
WI'0. 'WPC r4/Eufir:0: 9% (6) (0) AS
Enterprises Proclamation No.25/1992 and Article 35(1)
tPC VT1110.0 h1.11v
of the Investment Proclamation No. 769/2012.
060) aDIPi+ Ain £'HI ha)-TtA::

N. terc 1. short Title

-et) £1•1 "1%.11“14.6 YCYIT WPM. tICT6711 This Regulation may be cited as the "Industrial

°9**°9,? f°91.11-1•CT rhc KI-n 'WPC Parks Development Corporation Establishment

Council of Ministers Regulation No. 326/2014".
Oin:/:01.%" 111(1° A.M441
eattE 2. Establishment
S't►.14-114•6 ychT Amp). liCTZ;n1 1/ The Industrial Parks Development Corporation
"hCTart." h?-1-11A Mallr) (hereinafter the "Corporation") is hereby
established as a federal government public
P41/4.AL•A ITT
enterprise.
filth K141 -f*.VAA::

f M. 'P7
Unit Price 41C 6.00 Negarit G. P.O.Box 80001