IPDC providing one-stop-service to investors engaged in parks across Ethiopia

December 26, 2023 (FBC) – Industrial Parks Development Corporation (IPDC) disclosed that it is providing a One-Stop-Service to investors engaged in the various parks across Ethiopia in collaboration with relevant government agencies.

The One-Stop-Service (OSS) is a vital initiative in Ethiopian industrial parks that aims to simplify and streamline the process for investors and businesses, according to ENA.

IPDC administers the One-Stop-Service in collaboration with relevant government agencies such as the Ethiopian Revenue and Customs Authority, Ethiopian Electric Power, Ethio-telecom and Ethiopian investment commission.

This service is currently available in several designated industrial parks throughout Ethiopia, including 12 industrial parks and Dire Dawa Free Trade Zone.

It is a centralized service center located within designated industrial parks that offers a wide range of essential services and administrative procedures under one roof.

The services provided include investment permits and business licenses, tax identification and registration, work permits and visas, customs clearance, utilities and infrastructure, banking and financial services, and post-investment support.

By eliminating the need to visit multiple government agencies and offices, the One-Stop-Service reduces time and cost and saves investors and businesses valuable time and money, IPDC said.

Moreover, the service promotes greater transparency throughout the business setup process and increases efficiency and transparency by streamlining administrative procedures.

It also enhances business support by providing comprehensive support services, fostering the growth and success of businesses within the industrial parks.