Industrial Park Proclamation No.886/2015

9.'}-fl: nn.1~il-l·t ;rch nAatt t.:J>Y.· 'he; including the Corporation engaged in designing, ;rctJ constructing or developing industrial parks in oor.J'l.·)· \'oo"}U]~·)·! rtTD'}"'}~·)·C) r'?t\ accordance with Investment Proclamation and O(J>"f~·l· OJf.cr' \''?A nACT?;} 'hVUJ·9" Investment Regulations. industrial park developer t'JCT t.7i~·1 a\.9"C' \'n.'}~.(l·)·t ,TCh'} permit and industrial park developer agreement; ~.tJf.1 fDrf.f~Ci= \'D11.1'1'1 t.'i fDll.Yl\lT1 Dll1~m-SJD 1\:,·C~ P+**oo f:C~··l· 'lCD· i 11/"industrial park operator" means any profit nn:H'ill·l·oo1-l· n<J>:~· 'he; nn.1i'ill·l·oo1·l· making enterprise that operates, maintains or ~·>·O tTDrPl.·l· o·...-omCD· nn:>~·fli·t ;rctl promotes industrial park in accordance with the nll+~~t /,.~~ 'he; nn:>~ll·l·t. ;rctl Investment Proclamation and Investment nfl·f'.~~t l'l9"'9"~·l· oo(\l·l· n:>~fl·l·t Regulation, the industrial park operator pennit ;rch·') r~P~.Yfl·t-~~c: r~P~. '>hcthrfl'l and industrial park operator agreement and, includes the Corporation; ratt.f'il·t-lJ>c&~ fl..,·Cfi~ r·h':*oo Y.·c;p:-:,. c'l.lf1 nCTt.7i~·1 ,e(J;).SJ"t-AI 1..1./..A ~:>~+ ;>ILtrr •'I'C iiJD -t.f'H.J' 6 +'J 17tl ~.r Federal Negarit Gazette No. 39 .9th April, 2015 .................. page 8209 'ill "h. 'J-4-h-l·~ ;ret. t..·c'l:-l·" t7flflr)• 12/"industrial park enterprise" means ·a public. on. 'Jilh-l·ou·H· h'f';f 'he; Oh:Hih·l·ou·H· private or public-private enterprise owned by ~'-n 'h"J~tll-r on. '~o-l·~ ;ret. t:e~-l· Ethiopians, foreigners or jointly and possess L:l-1:'1 Oh. 1~h-l·~ ;ret. 1:e:E-l· developed land under the industrial park through hrr~-l· ouiPt.-l· W'1l\ t Oou'J'?h-l· sub-lease or by renting or building a factory within the industrial park to engage in m,r Ooo1"7P'i·'1 O"?A Oc'f-1~-l· manufacturing activity or in service provision for fDIJ.·,.~~e 0~.-l·f'A·fm-.f'") ro~.'r Om-"1" profit making in accordance with Investment U1C lJftUrO.Y.if CD,fJB Oc'f-')~-}· Proclamation and Investment Regulation, Oh. 1"'-h-l·t .TCh CD-h1' fft'"l ou&.-l·1 industrial park enterprise permit and industrial 01o-t. h-11 rohP. 11-n.,. CD~'r f'f'?'lll park enterprise agreement; r.s.-n~tJ :h"Jtt'J +h~.e.,. m.er 111..,. rei· fattfooCi· m,r h1t:\"?tr-i· f""l.ll'l' ""l'Ja;:CD.'r fl-l·Cli! f·hl."*ou 1:C'1:-l· ~CD- I J.r.l "h. 'Hih-l·oo·)-}· hfl''l:" "" "h. 1i'ih-l·oo1-l· 13/"Investment Proclamation~' and "Investment ~ 1<0" '"lft-l· fh. 1ilili·oo1i· h'P'I: 411'C Regulation" means the Investment Proclamation ~f~#t/l'lt§ ('h 1~+7i7il'lw-) 'h'l No.769/2012 (as amended) and Investment Incentives and Investment Areas Reserved for w-h'l' lltw-n.Y.'T f·,.hl'ltt- f Fir ouOtl'f Domestic Investors Council of Ministers f'"l. 'l.ili·C"if fJDtJC O.i· 1. 1<0 clt'J'C Regulations No. 270/2012 (as amended); lf(t/l'lt~ ('h 1~·H'i7il'lm-) 'lm- I J.~/ "h'r9u~·}•" 177ft-}• "'J1.h'11Jfl.:- 14/"agreement" means, as the case may be, an agreement concluded between: U) OtJ'"l. ?l"t- ').c; Oh 'J~h-l·~ ;rctJ ht:\""l.w- a) the Commission and industrial park oot)ht:\ fh. 1"'-il-l·t ;rctn l{tjt, ') developer to design, construct, develop or ft'"l 1.'1. "7 T ftoo?')IJ-}• t ftt''l A'"/·)· h'1 to provide other services within the on.·>~hi·~ ;ret. w-il'f fl.fto'f industry park; h1l\"71't-":f1 flouhmi· f~l./."7 t ft) Oh. 1-4-il-l·~ :ret. hl\~ "c; Oh.')~h-l·~ b) the industrial park developer and ;TCh hh1-~~tCD- ootthA fh. 1~h-l·t industrial park operator to operate, ft'"lh·I'~I.C t ftoo1hllh'O i fttntii·I''PW~ maintain, promote or provide other aJY,'r 1'1.1'1-l· hh. ')~far)·~ ;retJ ?e specialized support services within the 1-ff'if~-l· fl\:fc&1CJ f+out.m- f~;J~ industrial park; h1A., tr-.Y. 'f1 h1"l cvr f ll'l.1.1.., : m,r ,,. ~7tlf! /..f.. I,.~ 'r.7~+ .711."1 .,..,.C c!lll -t.fll.f' 6 +'t 171.1 'U"' Federal Negarit Gazette 'No. 39 ,9111 April, 20 IS .. .... .. .... ...... page 8210 lh)f'h. ")~ia-l·6 ;rch ht!\ '"I. a>- mf.,tr c) the industrial park developer or industrial park fh.1~it-l·t ;rctt hit 1' -"-"t (Do operator and industrial park enterprise; hh. ")~il-l·6 ;rch 1:C"1:-l· ..?C f"tf1.C'l(l)o 1 ttrr~-l· ~(Do 1 I'tl "f' h. ")~ia-l·6 ;rch 'I 'PI," 17'//\-l· 15/ "industrial park resident" means a natural person granted a certificate of industrial park h1"l'iC residence by the Commission in order to reside rh. '~ta-l·& ;rch f'I'P6'1-l· rrrattc within the residential area of the industrial park; CJJ l..,. -l· f ..,. (l mCJJ. f 1' 4.1' C" (\(I)< 'I (J)o 1 Ill "oo1"'1 P-l·" art/\-l· r h. -l·r-A·.r J...~&--1\«f! 16/ "Government" means the Government of the ~tf"tlt.c\'1! tTflt\.tl oo1'?J»-l· CJJ~SJD Federal Democratic Republic of Ethiopia or ftiAA oo1'?it-l· ~(Do I Regional government; JJ,/ "hAt!\" 17'11\-l· Oh.-l·f'A'f ~1.~1\'f 17I "region" means any state referred to under ~tf"tlt.c\1! tTflt\.tl ih'l oo')'?J»~· Article 47 (1) of the Constitution of the Federal h ").,.t) !1~(6) I\ f., f1'oo/\h'f'(J)o '"#")~(J)olJO Democratic Republic of Ethiopia and includes hAA f'\.lf1 fh~tia hnfl -nc; f1:&.~'P Addis Ababa and Dire Dawa City h1'01i hit1'-"1.~T1 ~a:.\.SJD&.A I administrations; If&/ "fiC1:" 'h'l "110'1. 7i1" 17'11\-l· n.e.1-ll ch'l'C 18/ "Board" and "Commission" means the Board r.rJ.r.tt:7t~ f-t**oom. 'h1.f.'f>.f.r -th-t/\- or the Commission established under the fh.~·r-~·f h.1l1it~·oo1~· net: h'l Ethiopian Investment Board or the Ethiopian f h. -l·r-A· f h. 11iia-l·oo")-}· 110'1. 7i1 'I (Do I Investment Commission Establishment Council of Ministers Regulation No. 313/2014, respectively; Iii! "h'?flfl fl\(1}> ll/\itAtTJ1" 17'11\-l· 19/ "competent authority" means any federal, fh-1"'-il-l·t ;rct11 O"too/\h-l· O·,.rofl.,.. regional or city administration government organ having regulatory powers and duties over 1·~f"'T CJJf.,tr oot!\hli-tr1:~«f! fl?'PJ'T particular subject matters or geographic areas in 1\f., fch'l''l'C PAfTJ1'1 ~I\4L'I-l· fi\CJlo respect of Industrial Parks; r /,..1.&-A t rttAA ro~r rhi'D'I hia1'~.f.C aP")"'' PI ;t'«f! ht"tt!\ 'Ia>- l ,,.. Federal Negarit Gazette No. 39 ,9"' April, 20 IS .................. page 8211 ~I "t.?f..•" '"ltH· Otl'"l.7i'l~ h'"ltt.('.'l·l· 20/ "investment permit'' means a permit issued by flh. ')~flrl·~ ;rctJ ht!\'"1.: lln.1~ll·l·t the Commission for Industrial Park Developer, ;rctJ nli·J-.~~t ro~r II h. ·)~fl·l·~ ;rctJ Industrial Park Operator or Industrial Park .t.:C:t:·l· hh. ')~fl·l·t .TCtl':;. ;JC O·t- f ,f'H Enterprise to carry out industrial park Oh.'J~ll·l·~ .TCh CD-ll'l' fa'"l.h'i"CD'I· development related activities as an investor; ·t-"?1'1&--l· f"?.c'l'l' f h. ')fi{li·oo·)i· L:J> f: 'lCD- I ~til "f?·~<-h ht!\t!\" "''lli· hh.'J~ll·}·t .TCh 21/ "customs territory" means the territory of :JC h"?ll1l'l-l· fl'arCD- Oil&- I\~ ffr Ethiopia in which the conventional customs r u?~·t: r?·?"C:..h th1l· ·t-"?()&-'f? laws relevant to the Industry Park of the f"'i.tf'I·O·l· fh.·l·f'~·,r "1•1-l· ht!\t!\ 'lro-l country are applicable; 22/ "industrial park customs controlled area" means ht!\t!\" l'flll·l· r n. ')~fl-l·6 :rctJ nttt!\ an area that is part of the industrial park where flf'l f?-9"<-h cfl'r'rC f"''.~l "?0-l· '11C customs has the power to control but deemed to '?') h1·SJUt;..tJ h t:\t:\ (J}orn_ h '.(II '1 fall outside the customs territory; rot-fmc n:r 'lm- 1 ~1:1 . "h"?ll1l'li· fii(J)o m"?" "?IIi· OH.U h'P~c; 23/ "applicable law" means any proclamation, nattilLB"''.f ~111 -}·c~-L oof.Pkl· regulations or directives applicable within nn. 1~lli·t :rcta"f m-f'l'r .,.L'Itrt '1-l· Industrial Park supplementing or being fl'tf(J}o U·fa·SJD r U1t·t: h'P ~'f· i .( '(l'fc; interpreted in light of this Proclamation and the Industrial Park Regulation; trl?l ".(')1l" Dflll·}· ~u h'P~ ll"''ilt..o~ 24/ "Regulation'' means the Regulations issued by fDil, 'l.ili•C'l• SJUtJC f&.r}• fDil,J'dlfll(J}o .( ')o{l the Council of Ministers to implement this 'lro-J Proclamation; ?t?H "rt'lll·l·r-7i nc'l&-C" "'IIi· fLP&-·,.;;:c; 25/ "tripartite modality" means the arrangement by "700&-lf ?·~~ 177. 'L.il·f:C T h "}~ V·'l.:l'a>- which the Ministry of Labor and Social Affairs, rn,'}~{l-}·~ :rctJ ht!\"'1. i rh:)~f'l-l·t Employers of Industrial Park Developer, ;ret~ rhi'l·f' .(~t m~9" rh. '~il-l·t Industrial Park Operator or Industrial Park ;J'CtJ ~·c~·l· hu.•~P'l· h'i" rv•&-·t-~ Enterprise and employees' representatives •l'a>t't~ fV't-·1'~ 1·~f':f-•) O;J&- lf'la>- address labor issues through constructive consultations; Oa>- ~~,:l·c; 9"htJC oo~-}·m, f'"l..f'llcf>~m--l· n"?()-fl 'len- I /.,.1../.·A '1;.»6-l- ;.»rt.nl .,..,.c •!Jji ...,.f'fl.P li +'l tii.l •u• Federal Negarit Gazette No. 39 .9111 April, 201S ... ..... .. ... ..... page 8212 26/ " basic utilities" means industrial park related hh. 'J~fl·l·6 ;rch ACS~J-l· .?C O·f" .r..rtt utility such as water, electric power, telephone, feD-;) T f fl.ft,)l-}•6)1 i ffl/:\)1 T f ;J1f ~Cj gas and other similar utilities specified in the regulation ; t\lr "f 0.( 'Hl f D'l.(J)fl't· h '1/:\ "I lr.Y. "f r;~t "i\m-" atJ"-l· f·f".(.'l'C' i\m- · a>f.r n,n., 27/ "person" means any natural or juridical person; f(lro-~1· oo1l1· f·f'(lmro- nt"!"' ~(Dol t;~l '"i'J~m-r nan~· P:r f·1"1"6a>- 28/ any expression in the masculine gender f(l.i·'}SJO P:J' ,f.(J;l.SJO~·A:: includes the feminine . r.rtL1"7.)t mOl 3. Sc;ope of applintjop ,eu h'P~ Oh.-l·f'A·.f "I•H· rofl1 (1)-fi'J' (I)'I"1-l· The provisions of this Proclamation shall, uniformly in ' 111'\(l)o ool\h· o&..~&-1:\ fh. 1~r.i·6 ;rct-"f 1\,e the territory of Ethiopia, apply to the federal industrial 'A'I nco-illll:fco- AOif.h'I'P't- +'711~-l· 'A'I hltU park activities or activities undertaken in connection :JC 1-.f.f~'l-l· fftf'(l)-1 1-"711&--l· 04..~&-A with them as well as to any person conducting any rn.·J~il-l·t ;rch co-il'r ntPt.fhCJCD-'1· flfll"f activity in the federal industrial park. It ,e 1- L 'I'"I. .f.lf' c; 1:\ : :

4. Objectjyes 11. fb'P)I; '""'~~'J ,l',U h'P~ f'"l..h+(l.i· qi\011SD"f ,l',C:~:J'A: - T his Proclamation shall have the following objectives: 1/ regulating the designation, development and fll fh. 1~fl-l·6 ;rct~'T hi\.ffr t A'"i."f· "'~ operation of Industrial Park; hfl&-C ilCCJi· ooHC .?i· 1 2/ contributing towards the development of the II fU'16-f: f·l:h'."fto:(Cj fh. ")~fl-l·t OOIP/.•,. country' s technological and industrial infrastructure; l\011-l· lJ~'Ii· 1\,f. hh:J''Pt)h 011~:1."1! Cl f"J(l.") h 17ifl-l·oo1-l· · HC~ OhSJO~'f· 3/ encouraging private sector participation m manufacturing industries and related investments; h. ")~fli·tSD"fCJ ·f'tt011,; h. ')fiil•}•oo")·}· 1\,l', "1-'lc'\-f'~ "'10/.:J' :r-l· l 4/ enhancing the competitiveness of the country's W fU1t~") h.t'l'w"diJ. 1:\diJ-l· .,.(1)~~6'1-l· economic development; and diJ?o/:\0-l· l 'f;l (l~. r ~»lr /J~tr'f oo~mcc; +Ill~ 51 creating ample job opportunities, and achieve fh.J'l'. '"#, 1:\'"f."J• I7Yifi11."J•:: 0 sustainable economic development. ~~t',.A );:16-l- ;Jt&."' '*"'C oJJ/J -tJ'II.J' li +') 17tl 't.,. Federal Negarit Gazette No. 39,9111 April, 2015 ........... .. ..... page 8213 b'fiA 11=1\t PARI TWO fb.l+Ot& ;reb bA"''.'i fb.l+Ot& ;reb RIGHTS AND OBI~IGATIONS OF INDUSTRIAL PARK DEVELOPER AND INDUSTRIAL PARK b0t¥1t OPERATOR ~ .fb.l+Ot4 ;reb bA"J. ou=O=fl S.Rjgbts of ap lpdustrjal Park Deyeloper D111~£D-9"' fh. 1~/li·t .TCh ~Aatt. Any Industrial Park Developer shall have the right to: lit rn.·>~il:h~ ;rcto "ll1.e'1 re¥?1:l"': 11 design, construct, develop, exploit industrial park and fDIIAD~~i· i fou?")fli•J foum.,.rCJb?A"'tri· provide services; ft111cl>l11 i I/ fl\'"1 h. '1~il-l·6 ;rctJ ou~i·'J O'JOoil 1\.11 2/ sub-lease developed industrial park land; f"''il.,.l\ft~ l f/ 01.111 001J.CD(\~a>- oom'} OOlP/.-l· 3/ rent or sell to industrial park enterprises his immovable assets, buildings and rooms built within Oh. ')~il-l·t .TCh a>-il'l' ft"''r l'f' i ftO.C' i the industrial parks in accordance with the proportion (\oo'JotfCJ 1\00Uf(\(\--}• ~'1/A"/fr.Y."f ~"" specified in the regulation for manufacturing, office, f?'lflrlD''J reT? .e ,.,.".,."· u-n..,.l·'J 1 residential and other services·, fh'J'ISU'f1 CDf-,9"' h~tr'f1 1\h, 1~/li·t .TCh 1:C1:i· fDIIh~fi· CD~9"' foo7i'l' l §I fh. 1~ili·t ;J'Ch-1 oo~Pi•'J ft~P~A~P~i~: 4/ enter into sub-lease agreement for the development, ft "'1 il,_ ~.P.C 'i ft liWI {),_ 'P CD'I> ')()-il- fl. lf operation and promotion of industrial park land; il~~~i· fDII,_·l'?l (;/ J'ft'"llD''J oo~-l· on. 'J~il-l·6 ;rctJ bAtnt 51 operate, maintain and promote industrial park in ilrr~i· oot.t.i· Dllil,_Ji,_C: oo1hllh11 accordance with industrial park development .I agreement; 6/ employ Ethiopian citizens and foreigners in 'i./ n,.·,o- oolPli· h.-l·r-A·rcef1'i f£D-6J.l' u1c accordance with the regulation; t1.1"f oocl>mc i 7I participate in financial markets in order to obtain j,/ f_.U")") b'P~ ft"''ilL'Ar O"''.CDt11£D- 1. ")fl loan, fund guarantees and other financial resources in he; 1\.tt-'f b"'/'111~-l· '11\fCD- m1'f the manner provided for in the Regulations issued .,.l\t1'£D- ODll..,.oo'r ~(\~C oulPt.i· pursuant to this Proclamation and other applicable ffi~C t f1'Jtt1l 'Pil-l·c;c; t\ft-l· f'1'Jtt1l laws; r1""''f1 tt~P~'11-l· n4.f..CJ'Jil 1nr 1\.e foul\1'~ i 1:7tlfl!l .Y-t.·A '1?6-l- ;JH."l .,..,.C oj}ji -,,ru.,f' li +'t ffi.l•u• Federal Negarit Oautte No. 39 ,9th April, 2015 .... ... ......... .. page 8214 ~I hoorJ.Jl;f''f ~?A'?fr·l· ~~&-O.~l· .?C 8/ provide service to industrial park enterprises engaged nDYt.~lil rt-Dt1i1 il?"'?"''rl· oorPl·l· within the industrial parks, in accordance. with the nh 1~r.-l·~ ;ret~ m-r.'f l\rl\17'1?- commission agreements reached with the utility rn.1~il-l·t ;rctJ ~C~.Y.:f ODIPl;f''f suppliers, collect charges and fees; the details shall be specified in the regulation: ~?A'?fr.f·~·J fiY'I~Lil i tl~f~'T'Jr rooc'\ilc'\ill 11C11~ O~''Jil .(1,(J)c'\'JA i f!l n"7'11l~.'f· 'lflf(J)o tJ1"1· oov't.·l· h'H'.,~h 91 enjoy tax and customs duty exemptions and other .,. ~ 'f CJ ;J" tJ f'l ., 'J OD lJ' "}C) incentives granted under applicable laws. Olfnl;:t-:f ~'f-1 fD11'?10:,·:: I. fb.lJt.Ot4 ;reb bA"t 1t.:tP''f 6. Obligatjops of ap lpdustrjal Park Deyeloper -,·J~m-r rn.·J~r.-l·~ ;ret~ ~At7'( rt7f(h1'tt-i· Any industrial park developer shall have the "7~;t'~r .ec;~n;rA:- obligation to: ~~ n·t-l\m(J)o rn. 1~il-l·~ ;ret~ AD110:,· t...:P~ 1/ construct immovable property with the industrial h'l Oi''lfl(J)o fh.1~il~·t ;ret~ il?"'?"''rl· park, on-site infrastructure, office space and other oowt.O:,· Oh'')~f'IO:,·~ ;rch~ m-h'l' <J:t7'( facilities for the Commission's one-stop shop use 'HllO:,• foo?11H· i ooiPl.r Al'fl-l· and for the Revenues and Customs Authority as foot1C;>0:,· i 1\~11.: D116hA - ~'lA'?ft-·}·c; may be required by the permit and the Industrial t\'l·SJ"~tJc; 'lfi.?''f 'lt\P'Afll1 oomcf>trtf Park Developer or Industrial Park Operator fiY'I.m- A O.C' P'r'i' cl!c'\ cl!(l 'f fl'fl'?, 1\ -l· I Agreement; f./ nn.1~il-l·t ;rch AOII-l· ~.a1.e 1 /-Utr fl.e 2/ facilitate conditions necessary for the fn'lC OJ-il'r f P'Am'l i"cJ:OII-l· participation of domestic training institutions in rDYt.f\·1'4-nO:,·"} u-'l.;:t- Olfoo:f:f-l· 1 the design works of industrial park development; 3/ commence development within the period m-l'l'f n-t4>oom(J)o f1.tl 1~-fl m-l'I'J' specified in the industrial park development IPIAIPI-l· foo~ooC I agreement; 21 OilSJ"¥"~1: h'l &.:PIIt- 'l.e nutcf>oom(J)o 4/ adhere to the performance requirements for the ool\t.-l· rh"'·'i:ft- 1\17'1.1\l"'m- n. "}~f'li·t phased development of the Industrial Park as well ;ret~ h1Jtu-r l'fl'Jij#(J)or f"'-.f81il as any fmancial obligations and time schedule for '?9o:J'fll'f i ft)T:J'A'I f?1H1l ofl~C f'l.H. capital and debt fmancing, specified in the permit; l\1ml~ r~l\trc ll-'i.:f'P''f-1 fDlltlnc 1 f;/ nili"IPIIPI, f'l1Hil 9"165lf(J)o futoot\h-l· 51 produce document envisaging their financial ooL)C fiY'I:t»Lil! source trustworthiness; ,.. aft.IUC 41.4-A -.:¥+ .7&"1 • .,.c ...,i -u'll..t"i .,.l lltl 't.r Fedenl Negarit Gazene No. 39 ,9"' April, 201S .................. page 8215 IIIM"Y 6/ shall not transfer the un-developed industrial R"7"J'1'dJo,. IIDAh-- ""'" V'h·l'~ (J)1") park land in any manner to third party; .,,..,.""fj: rlln-l·,.• 11 ntlu h1'~' .('Hl'i h"'fl-n~-l· 111\:fCJJo ih1-'f 7/ comply with any other obligations specified in 1.~ n+llmm- r>..1.-s.h-l·& this Proclamation, the Regulation, environmental . protection legislation and other applicable laws. CD-Il'l' f.,.HtH<--l· 1\.lr''f and the pennit; f"YhflCI ~I M"HH .......(J).....,(J)o IIDIP/.-l· llh.i·r-A·f(J)oJ'') 8/ replace expatriate personnel or professional by UJ6-..,.'t"f hhL"1.CD-1 ~Am~ 1-1.t~.c'\1' Ethiopian nationals by transferring required n..,t-t., n.,.mtt~ ttl. CJJoll1' fCJJo41l" tt.-t'f · knowledge and skills through specialized ·. .,.~.,.'1'-:r- m~r ,11,,..,,-:r- nt..i·r-A·n.r1 trainings . 1.1-\.,.h- "'11:t.,:: I. l'b.'M:itt4 XOJ blt+W eOf'f 7. Rjphts ofap lpdustrial Park Operator .,.,....,. fh.")4/a-l·t ;rch hll.,.JIJit Any Industrial Park Operator in the Industrial Park shall have the right to: i/ fh. 14h-l·& ;TCh1 ft\"'1 ~~~~~-l·'l 1/ transfer on sub-lease developed industrial park land ,.,,.,.,.....,...... 1-nt.,.'f1 h.14ll-l·t ;rch and let or sub-let immovable assets, provide utilities t.AGtf.CDo1 coht\- O'J~ll 1\.11 1\h.'J4h-l·t and other services, on behalf of the industrial park .;TCh 1:C~-l· "Yh.,.l\1\fj: I aoaPt:J'f! developer, provide basic service and other service h'IA ,It-_,.'f"J'i 1\,fte'f h'I A"'"'""''f1 with charge; nh~l ,.,.t-nt 11 nh.14/a-l·t ;rch ,t-lli-.cc.cct llrr~-l· 2/ operate, manage, maintain and promote the Industrial tiDIP,-t• fh. 14hi•& ;rCh') f"''ii1'-1-1C t Park in accordance with the industrial park f11D')hof1hof1 1-'1 f"''h..,..,mol- I operator)' s agreement; r1 n.t'tn- ouUJt.-l· >..-l·r-A·f(J)o/'J'l rm-1-" 3/ employ both Ethiopian and foreign nationals in h'IC tt.'t'f'J ft~~~.JttnC I accordance with the Regulation; 11 ntt.u ~,.~' n~ 'Jn- ~~ ~"7fi-R"I-l· fll\=f(l)o 4/ use such other rights provided for in this ft.fte'f (h')'f f.,.+oom-~·") oo-flof.'f Proclamation, regulation and other applicable laws. room.,.r:: 1 ~- ~i\!i.V: ~ ~Y./.-A ~;M·l- ;Ju.nl •ll'l'C <!Iii "t,,fll.•f li ,,.., ln.i 'l.ll" Federal Negarit Gazette No. 39 ,9'h April, 2015 ................. page 8216 ~. fb.7+ll+& ;reb hll+-"-"& lFv:J:SJJ".f 8.0blieatiops of ap lpdustrjal Park Operator D'/'}~(1)-9" r b.1~h·l·t ;rch hh·b~~t Any Industrial Park Operator in the Industrial Park shall f01f.h·~ft··l · <YJ ~;1' ?11· f.t,o~n;J'Al- have the obligation to: 1/ adhere to this Proclamation, the Regulations,and the permit terms; rn:}~ta·l·t ;rch hh·~~~c r.rr~·l·c; f·~(\m(J)·'} ~:P 1.· ll·'l.;J' PJ1·'} fi7TlhOC! rn:}~ta·l·t ;rch 2/ in accordance with industrial park permit, operate, OOlP/.~· b,'}~('a·)·t maintain and promote the industrial park and keep D'lil·t-~1.C i oo1h'lh1l t D'lfl·t-1'm:t> ~'1 its assets and utilities in operational condition ; rn.·}~il·l·t ;rch· oolPt.:J'ce h1A<YJtt--.Y."fc; 1.t1. 1\h?l\.~1\<·:,· 11~~ tf'lm- fD'I..ff.O ·l·') ll·'L;t' foomoiJ> 1 1:1 l\h11: D116hA h'IA"Jflo~·c; l\'1·9"~h 3/ maintain readily available office space and P'1r PJ '":f· r 011. tr 'J r o.c> (l ;rc; ft./\<- ":f- facilities for one-stop shop and customs service; bfi'Cn.Y.1·1 li<YJ1f. lf'l ~·}.rtf.e Dll~:l."'l 4/ refrain from transferring the un-developed OD'I1~0Jo9" oo/;\h· (\(\,/\ Y"'fl·t'~ (J)"/'} industrial park land in any manner to third party, with the exception of the Corporation's transfer of D'lll·t-""~ rl'tn-l·r 1 industrial land to other industrial park developer; (;/ f>t?C m-il'J' >tSJU&-l· ~C~.f.:Y· Oh 1~il·l·t 51 link domestic manufacturing enterprises with ;rCl'l 'i._ OJo h 1' h11T1.11· 1.· C ~·f. 'f ;JC industrial park enterprises in order to develop their OD'Iil·I'I'\1\C r·tb'l fr' :t h'1'9" ~ 114. '1~0·'1 technological capacities and to benefit them from international market; f0'11: l <YJ I 'it/ mt.u h'P1:'1 .t'.')rO t h"J'lrO~·l· 'lit fa>- u')"f 6/ comply with the social and environmental as well m~cr n·t-c'lmOJo ~:P1: oorPt.·l· D'luOc;.lf'l as any other obligations as provided for in this b '1'1 O.flf <YJ ~ :J' ?' -:,·. '} h '1 t\,1\ 0'1'}~ OJo9" Proclamation, the Regulation, applicable laws, its "1 ~:J' PJ':f· fO'lhOC l permit or agreement; 1/ 01.111 OD'I.mc'\'IOJo oou.'t.·l· fth.·l·f'A'fOJof1 7I replace expatriate persoru1el or professional by U.'&.-t'll'"f bh&.ft'l.(J)-') P'AmCJ h')Jt(\if Ethiopian nationals by transferring required 00'11.·1.~ O·t-mc'\'1 7.tL OJofl'J' rm-~ tt')":f- knowledge and skills through specialized trainings. U'&.·t-'lf''.f·(J)f.r 'lftoo·f?J1· Ob.·l·f'A•flff'} h ')~.·t-h· D'l1.'l"?:: 4 ,.__._A 'r.:>~-l- .:>rt.tiJ ..,.,.C 'Ail .,_.f'll•.f' ~ .,.., l?tl '4.r Federal Negarit Gazette No . 39 ,9th April ; 20 IS ... . ............ . .page 8217 h$A (tOT PART THREE fb.l+O=l=~ XCh tC!H= h'i INDUSTRIAL PARK ENTERPRISE AND b.lDOtoalT INvESTMENT ·fl. fb.J+Qt& ;reb ,f;Cg.t oa1JfT

9. Riehts of lpdustrjal Park Epterprjse Dtl')a;:(l)-9" fh. ')~fl.'f·& .TCh Any Industrial Park Enterprise shall have the right to : fDl.h+ft.rl· oofi.Y.'f ~Cf<.;/'1!\:- II may obtain Industrial Park Permit in order to carry out ?i/ 0?1;;:(J)ovo rn.1~tarl·~ ;ret. investment activities within Industrial Park. The flh. ')~fl.'f·& .TCh (l)ofl'f f h. ')fjfl.'f·oo'}.'f· manner of submission of application for Permit, the !-VIr ftooJ-Utrrl· Ocl»~Otf.J' fh.1~iarl·~ requirements thereof and the making of decision :ret. 1:e'1:-l· L?1: Ott"r'H· ~":f·'\IA i thereon shall be specified in the Regulation; /..? 1: ftO?OJ1.'l· 0'/oot!\h~ iafl01f.ctC1lflrl· "fllrC he; ooiat..C-f·~ i\1-'tu-9" OJofl'l. (U\Dt{l IJ'O-) • 0..(111 .erofl c; A i 11 mtu h1~1\ 1h-ll n1~t) (li) O·f'1fttJOJo 2/ obtain tax, customs duty and other incentives as oo{ll.:,· L?1: ... 11 01..~ nOJ'l1l'lrl· lJfi(J)o provided in applicable laws, upon obtaining the permit m"1 r·f'·lfta..'f·1 r"1-oe i r1·9"<.t. he; indicated in sub-article 1 of this Article fl.h--r ll'lot.:r?-?J'f1 11~:1A; El 0~10. fl D1i. ?/U:J (J)o ODIP/..'f• fUlfrfl') 3/ freely exercise investment activities in accordance the rP'\S"'i CfOiriA i f.U')~·}·c; IJ'O? terms and conditions of the permit, excluding those h')-\(}-9" f(l(J)oCJ fh'Mfl·l· rn:J'I·l·1CJ endangering public order, moral, safety and security f {Jt)'f'1··) u~.ro·l· h~~ ~~ fll"/~'1'1!\ as well as human and animal health and plant life; the ooAh· o_,. (l "'l:fa>- fh.')~fl.'f·& ;TCh details shall be defined in the Regulations; ~?¥: OOIJI/.-}• r n. 'H1ll·l·oo1·l· ~trs»r·, o.,,.,·l· .elPtrA : ~I fh. 1~(l.'f·t ;T'Ch oo(.,.'f·1 010.(} t..lf 4/ acquire land on a sub-lease basis and possess, sell own OOIJI/..•}• ft11i"1"i-l·CJ fooJ'lf! f/rfl.') buildings, rent .other immovable assets, export out of ih 1~ r oof"i'r! ft. tt-l· ftT? ~ ')~~~(JJ. the Country, import into any industrial parks, sell in U:O.Y.i·1 Oh.~~ fooflf i OtlU h'P'f:CJ the industrial park customs controlled area goods and h OJlJ-ll'l.'f· services pursuant to customs treatment specified in this Proclamation and other applicable laws. O·f'~oom-l· f1·9"<.h hu•trc:":t: oou•t.·l· {)~?J":t: 'he; h11A"1lt-.Y·l·1 mf. n.·J~fl.'f·& ;rch lD'ia'r fD?ia?'l1·: on. 1~ta·l·~ ;ret. f?·VO<.h +.'1''1' hAt!\ OJohiJ' rooi'iiJ' oo1l·}· ~'1°/.'Pt!\:: ,,.. ~7tlf1~ #...'-I:•A. 'r.:J6+ ;Jtt."l .,..,.C <!Jil .,_J'II..f' li + 't 17tl ~. II" Federal Negarit Gazette No. 39 ,9111 April, 201 S ..... . ..... . ...... page 8218 !. fb,J+Ot4 ;reb ,g-egt 7&:t:P'T 10. OhUeatjogs of the Ipdustrjal Park Epterprjse O'f1~CD-9"' fh.1.&\.l'l..,·t ;ret. Y:e1:·l· Any Industrial Park Enterprise shall have the obligation fliiJ. h.,. ft·.). ., ~ :r 11' ':f· ,e 'it;. fl ;t' .:\:- to: AI nh. 1~l'lrl·t ,rch ~:c'f:~l· t..:P 1.· nCJ 11 commence development within the period il9"9" ~rl • ft ~ 1: c&il1' fli' +oo m c& r·ut. specified in the industrial park enterprise permit 11.11 c&il1' CT<I.:\CT<~rl· foo~ooC I and agreement; I/ lli'ftmCD- f h. 1.&\.l'l-l·t ;ret. I...J'f: 2/ carry out the investment activities specified in the OOIP/.-'#• h.~mll-'l·oo1-'l· il&- 11' ';f ') permit; fO'ft'tl£1: I C./ fl·th'l.h'l tTD·f rl·ruc·l·c; l'l h'\ mc; t 3/ allow entrepreneurship trainings of the technical r-l·11-oc fl~m'i' >-1.ct U· 9" fh¢i'~ and vocational education and trainings, .'f·ruc.'f· ~t-cJ:CT<~.'f· f h. 1·,..C17i.T il.:\m'l collaboration trainings and that of higher flh.1~l'l~·t ;ret. 1:C1:~ CD-l'lif' education; >-").ct t} 'l..t': f oo «;:: 4> ~· I Q/ t.U11 htp~ T ~ 111 T >-'1 h""/1111~.)· 4/ comply with its obligations set forth in this fi\TCD- ih,.."f1 ~')Jlrr?"' ll~H.u ih'l<'"f Proclamation and the Regulation in general and the Orf'm+fl-.'f• ODlP(..r}• hlJflfl..fCf T tT7"'10t.Cf'l environmental, social and employeer obligations in fhf\t '?SZ...;tP'l-1 ftT7hOC 1 particular contained therein and in other applicable laws; '(;/ 0~111 ntntmf\'la>- oorPt.-l· 51 replace expatriate personnel or professional by /\h..'f·r-A·.fa>-f1 lPt-·t-~"f nil&. .l\?.ro-1 Ethiopian nationals by transferring required J»h'\m'l ~1-'lilif' OO'f~l'? Orf'ro{\~ 1.H. knowledge and skills through specialized trainings. (Do{) "J' f (Do "t" t1. ') T U I&- rf' 7f' ';f (J) ~. 9" flftoo-ffP"f CT<If:l.'?== IIi. Ob.l+Ot& :reb bA-JS Ob.l+Ot& ;reb ll.Admjpjstratjye Measures of the Board aeajpst bO±M& 0"7.LS~ IJ'(lf=J ,,. I1C.If: Speculatjog 00"7.0JMaJo bOtJI&&='f: Z,ct:;tl 61 fh.1~il~·t :ret. hAtnt ro~r fh.1~l'l~·t II In the event that an Industrial Park Developer or an Industrial Park Operator transfers on lease or sub-lease basis the land it acquired in violation of the terms of the respective Industrial Park permits flooi'"/\~ fh')~{l·}·& ,TCh oot,..'J·1 and the agreements or Proclamation and the ft(ll'l·,..~ CD?C:"f fil·,..l\ftl... ~-)~lf~ (lC~ Regulation without the prior approval of the fllT7..frofllc& ooootf ODI.J' l. :,. hil·,..~~&-'1! Board administrative measure, shall be taken in "C9"){ .eft~.:\:: accordance with directives issued by the Board. '11>' ?>i'i.!L(Hi 4..Y.?·A ~.:J?T .:~tt.nl "'"'c i.!)ii '"'l..f'll.f' I) +'t litl 'l.r Federal Negarit Gazette. No. 39 ,9°' April, 2015 ........ . ......... page 8219 ff.l fi1.U n1<f>t) 10·{1 n1<f>t) (ii) ~·1:n. 2/ The provision of sub-article ( 1) of this Article rn:>~fl·h~ ;rctJ nt\U?.m· m~rr shall have no implication with respect to sub- rn:1~lt·l·t :rcn n lt ·f'.~.';tar f(\try lease agreement reached between industrial park oo&.·l·1 O')O·fl (\. .,., ~n:>~ra·l·~ ;ret~ enterprise and the industrial park developer or t.:c:~·l· ·~Ct' industrial park operator on developed parcel of f01J.flt·t-"l\t..m··> n~uo(lh.'f·r:: land.within the industrial park development site. 1~1 ~H.u ~·1:n. nt.'1fJ9" nc~ rn:>~fl·l·~ 3/ For the purpose of implementing this provision, ;rch1 ruot.·l· ~.11 O,uo;t'if f10f 'P ;n the Board shall keep track of the annual fair Of1.tlm· ,e.uoW'Jfll\:: market lease value of all Industrial Park land. 11. f17&- 9"'111l1Ci oullcf.Cf:r 12.Busjpess Reejstratjop apd Compliance lit rn.1~lt..,·t :rcn ftl\"'1.: rn:>~lt·h~ 11 Any prospective Industrial Park Developer, Industrial :rcn ntH·~~t m~cr rn:>~ra·l·~ .ret~ Park Operator or Industri<!.l Park Enterprise shall ~·c:e: l· .. tlooooflt.·l· m~r fl"'lfluolf'lfl submit the following documents to the Commission in f""'l./..l\ "'} "'11~:m-9"' (\(D· fcPJ.h·f'(\··}·1 relation to its establishment and registration : tt~fl.":f· flfl01J. 7i~· "1</>t. 11 nMl·l· 1 u) n~·c~:··~ ~"/.· aJ~lfO nmh.A n·l·hnA a) an application form duly signed by the owner or f·l·'ro"'l f·t-/../.uo fl71uol\h1 </>IJ 1 agent of the prospective Industrial Park related investor; fl) n "?'lfl 'lflm· ·l·hhfl~., ;r:Fm· r·t-t...?1m b) notarized memorandum and Articles of fuouo{tl.~ IJU·~'l fuo·f'.';~tf ~')fll associations; {h) ~·C'}6bllh hlf~ hoofllO·}· U'IC 'he;:,. c) if a branch, documents ascertaining the ~·cJi:·l· uouolf?O·'}'l m..?if ttm·~.'f· registration and legal personality of the parent tPi"'/7·~1 f"'l.fl...?"'lm· (l~fl.:f· :: company in the country of origin. fl. I 1111. u n')<f>IJ 1o·ra n ')<f>t) (?i) ootJ-J t. ·l· 2/ The industrial park J~;:v~;:loper, industrial park 9"111'l Yt-t'l..~ rn:>~-lt·l·t .rcn nAUif. i operator or industrial park enterprise registered pursuant to sub-articles (l) of this Article sha11 f h ')~fl-l·t ;TCtJ J.'..·Cl!-·l· lh?Cf (l(J}o'rl· acquire legal personality. f'1'1 l\:: El nH.u ncp~· r··f·mtfJfl··l· rn.1~lt·l·t :rch 31 The details pertaining to Industrial Park business r·><>J ~- 9"'H'I'l'l ·t- f f~r'rl· f"rm· registration and related operating approvals and fnflt·C tPii.;J16lil.?J"flJ &..:PA'f·: tTCr)· licensing, reporting, inspections, bankruptcy and f"'l~·t.<>J "'/ ~.. ;r fD:l~ i ?"Coot-fD:f: liquidation envisaged under this Proclamation shall hllt-'1 '}111.·)· tryrrlt-·l·') f·t-uoflh·~ be specified in the Regulation. r n·t-'1'lllC'l r nw t-c 11c11c U·'l.;t- fD:r. n~ 111 ~mtt c; h-:: 17• Xi'i.ltt71 ~f.t'.·A ~.:Jt.+ .:111."1 •ll'l'C ~~~ii "'7..1'11..1' li <l>'t li'i.~ 'U" Federal Negarit Gazette No. 39 ,91h April, 2015 .... ............. page 8220 h~A h&-+ PART FOUR oo rb.14-il+? ;reb r P&- /...?1: 'he; "ITt)-l-- INDUSTRIAL PARK WORK PERMITS AND f(J)o~ H.1TJ m.r. b.1-5-llT& :rch OO'"I07qt i RESIDENCE 13 .lndustrjal Park Expatrjate Eptry. Work Permits apd Resjdepcy fl/ lTII'>~m·r ffl.')~{l-)·t ;TCh nAat:t: 1/ Any industrial park developer, industrial park rn.'>~ll·l·~ ;rcn nll'f·~~~ (J)f.'l" operator or industrial park enterprise may hire rn:>~{lr}·~ .Ten ~Cf:r}• Ohfi:·f·~ expatriate personnel for its top management, lTII"I. f: oo 'H · : O'f'f«J«Jt ~-)·: On u' A«11'1') • supervisory, training or other technical functions . 'h'i flt\tr:'f· f·l;h'l.h P&-fD'i". "l~ r"'l. offll?. r (1)- ~ u1c tt-,.. :r·1 oo CJ> mc .e1·ft~J\:: 2/ The entry, work permit and certificate of residency of expatriate personnel and their dependents shall be r ffll•..,. ~.f.?. o?Jr OJ.t'. n1c (1)-{l£}' expedited through a coordinated function of the flTII.?O·O·)··) i'l•P rn.1~ll·l·t ;rctJ Commission as part of one-stop shop or Department f"lcpt"l·l· f'l"llhC (J) l. .,. :, . c; f Fir for Immigration and Nationality Affairs and the t ..cJ> ~f (1)- ') n-t·cf>ftrnt. U·'l.;t' flooilrn·l· Ministry of Labor and Social Affairs ; the modalities of n.f. 1n· fllTf1.1(\fJ(J)· nc'l&-c uou•t.·)· which shall be specified in the Regulations. f n.9'"7 ~ 7i')'l ftl. "'/"I-)· ']·~.e cpc; nor /,f'l fLPir·l'~'l lTIIUOir'f ?·~f. "'l. 'z.ll·I;C non·t-tlnC fl?6- f.(\6-t'\·:: Ill. fb.1+0-l'-? ;J"Ch f"ITt'lt frilhC OJltt 14. Elieibility for a Certificate of lpdustrjal Park 0"771t 11<1! f"'l.ft.C't V=\;J=PJ'f Residency ~~ ffll')~(J)-9" r n.·l·r-~· f m~vo f(J)-6f.b u1c 11 Any natural person, whether an Ethiopian or foreign 11..? f·hVPC' (\(})- .f. 10· I\~ fat:tcf>oom·-)·1 national, may become an industrial park resident subject to meeting the requirements as specified in ooll.tCf·l- O.ftTIJ."l fb. 1~ll·l·~ ;rctJ the Regulation. ~tpt 0.1!1 .el-1\t!\:: f./ fb. '}~(l.'f·~ ;rch rooc;~y /..~~ 'he; 2/ The classification and issuance of industrial park r ~» tr t.. :P ~: ,.. ta _e.,.(})- r '"'· ll m- n·l· u· '1. ;r residence permit and work permit shall be specified nt. 111 ,emf\ c; A: : in the regulation. tJ..f..t.·A 'r?t·l- ?ll."l -ll'J'C illi! "'t.I'IL.f' ?i 'i'"J IIi.~ <J.II" Federal Negarit Gazette No. 39 ,9'h April, 2015 .... . ... · .... ·.·. page 8221 I~. fb.l='f.Ot4 ;reb )'f4 ou1H'.'f 15. lpgustrjal Park Resjdept Riehts rh. '1~i1·h~ ;T'Ch 'I'P~ r..-,.h·t't'\··l· uo1H'·r An industrial park resident shall have the right to: ~Ci'~:t""t:\: - &1 Oh.1~0-l·4 ;TCtl r~PtH· ?"htiC al/•.,·l· 1/ live and reside in the area designated for the duration 1\~ fl·t-m+fla>- 7.tL flou'i 6Y ·t-11/r specified in the Certificate of Residency; O·t'ht'\t'\ro- (l;t' fou'JDC! II 11C11<. O~'HI f01J.rotl') lfc:' n>-.:)~.fl-}·6 2/ import personal effects free from customs duties, and :rch m-il~ nOJt.~~n·l· 7.tL r"?t\ ou7t\7Y other charges while staying in industrial park; the (J:Pf»"f1 h1-9"~h .,~.~c; tl~ff»1· ~, details of which shall be specified in the Regulation; f01Jh1fl-l· i 1:1 nh 1~r.-l·t :rctt nt\011. m~sro 3/ establish community committees for better nh·,~r.-l·t ;rctt nh·t.r;;.r;;t n01Jt·~~·l· understanding of Industrial Park Developer and f01J.+CO· n:,C(l.Y,'f· O·t-oot'\h·t- f·t-7it'\ Industrial Park Operator in respect of facilities and ou"?CJCJ-l·'l "?')'10. (\oofhmC fDil.f0-1? services; fl711"10llt1l lll711.·t;pl:f.') fl711**9" i g/ 0~ 10. CD·/)~ 0-t- ~~11m· ou{).{.C·)· 4/ transfer his personal effects to the other industrial park uou.•t.·l· Oh 1~h-l·t ;TCtl m·h~ t'\01J. c:'t;. residents; the details of which shall be specified in the 1\.lr:Y. ~'Ptf»"f f'?A OD1t\1f (J:PJDf') Regulation; rattr.·"""~ 1 'f;l n~ 10· m-il~ n-t- ~ ~11w- oou• t. i· f\.tr "f 51 enjoy such other rights to be specified m the ODrflf.T') fODfficf»SJD:: Regulation . Il.fb.l+0+6 2:Ch )'P6 7Jl.o;tt??f 16. lpdystrjal Park Resjdept ObUeatjops rn 1,r;;.r.-l·t :rctt ~Pt rOtJ.h·tt'\--l· An industrial park resident has the obligation to: '? ~:r 50~· ~c:'<.:t-1:\:- lil Ott.u nlfJ!· 01\." n'J.1.1 tiA·t'.,uom lI unless otherwise provided under this Proclamation, n,....,...,c f1 OtJ.f h1CJ f m- n11 c; f m·sro tJ :1> JD f pay all applicable customs duties, tariffs, taxes and n"?CJ1l~i· Yl\:fm· f7-S"'~h +t.~: other appropriate charges for any imported goods; :rt~: '?1lc 'he; t\.tr1· n'?CJ-o ft\fm··) h~fJD1-1 rooti&.A l 11 n'?CJ1l~·l· CJ'\fm· m1r ouiJ.'t.·l· r1n. 2/ pijy personal income tax and other taxes in accordance '?11C1 'hCJ 1\.lr'f '?11C''f1 fouh&.t.\ l with applicable laws; rt ot\.tr'f n'?CJ1l flt\fm- m1r r-t.,uom- 3/ respect obligation provided in other laws . ., ~;t P'':F1 f'"ihOC l '11;' ;i;QHt)!i J..f./.·A ~.:>~ ·l- .:111."1 4t'l'C: @! "t.f'll. .l' ii •/'") li'i.i ~ . 9" Federal Negarit Gazett e . No. 39 .9"' April, 2015 .. ........ ..... .. page 8222 !1. 00,1-'l-ilTt ;rch ~'Pt ilftlllf..tBoo- IJ'{lffh'l 17. Speculation by lndustrjal Park Resjdepts Of1"'1..7i.,. lli\D'Il.m(\~ hll+lll-&-'1! ~CVO?ISD'f Admjnjstratjye Measures of the Commjssjop .etn ncr~ mf.?" OY.'Hl· m·ll~ r·,..oufth·t:·l·'} In the event an industrial park resident transfers its .(·1.?1PJ':f- noofll{l rn_').P,.fl·l·t .TCh ~'Pt industrial park immoveable property to a third party in On:}~.{l·l·~ ,TCh· m·ll~ r .f'tFflD-1 violation of the terms of the Certificate of Industrial Park f'Dti _e;}<f>fl<f>(l· '}-()lf· :-,·. ft(l{l·t·~~ OYJ'} f{l·l·l\ft&. Residency, this Proclamation or the Regulation, the h '}.(lf~ n"''. 7i~· ralh·,..ft··l·'} nll·I·.';Y.t·<l! Commission may take the following administrative 'hC?";t;P'":t., tt.mtl.('.· f."f·l\1:\: - measures: M rh.'}~ll ·l·6 :rch 1I revoke the certificate of Industrial Park Residency; o>l.'fn)·') t'oo(ll11 i fll fl'I'P~.,.~ a>:,.·)· hh.'}~.{l·)·~ :rcn hiN"I. 2/ cause return of assets which have been received o>.e.tr hn:>~r.·l·t ;rcn nfa·,...';~t from industrial park developer or industrial park rmfl.';rm··> o>.e9n r·,..lhtl~~m·'> ·>-nlf·:r operator while he was resident; 'h'}P.. ou/;\{1 rtTCJ~:l'?l 'hCJ El tVv\ r~"·}~fl·)·~ ;rch 'lcr~ ?,{lh~.hb-f.. 3/ impose on the industrial park resident the payment ~: Lll II rJj .P'I·l· fUt\ fl·f'llfl··l· IJ·O.f·1· of rents on such assets, for a period of up to 30 h.b-f. Mt.'}~{l·)·~ ,TCh nAOTf.a>· m,e9... days. fln:>~r.·l·t ;rcn nil·l·~.';tm· A'>.'th~t\ r"''t:l'1== I~.f0.11l-il+t ;rch f~'Pt~+ rrllhc ml+-l·1 18. Reyocatiop of Certificate of lpdustrja! Park llOoolPlJI Resjdepcy iii nOtJ.1i1· flfl.'}~ll·l·~ :rch ·,cp~m· 11 The Commission may, subject to providing 90 days prior notice ·and due process safeguards, especially o:,. Y.·tYCJ•.f' rj <f>CJ·l· r~ v-~ "''fam'><~'<t:.f' after administrative hearing, revoke certificate of Oooilm·l· A'l Ofh'? f·t·<f>oom· 1»~- Industrial Park Residency for the following reasons: P"'Cl:}.Y. ".)'·'} O·,..flf.?" f' ou(ttYCJ·)· oo·fl·~1 hmO<f>ft·l· 0),1\ flOTf.h·f·l\ ..)· ?"h'} .f'.Y. :-,·. rn:)~{l.'f·t :rcn ~'Pt~·l· rrllnc £vl+·l·'> n.l\cu ,r.:r·l\t\; a) if the industrial park resident fails to meet the v) rn:}~fa-l·t ;:rch ~crtm· mt.u nlf'~:· : requirements of this Proclamation, the O.('}O·: nn.·>~ra-l·t ;rch rnv't-C Regulation, operating rules and procedures, y_·>n:.r.c:; P"''I-P"'C n·r:·r·: on:>.v,.ra·l·~ ;rch certificate of Industrial Park Residency or any r~'Pt~·l· rrranc ml·l'·l· m.e.r n'?Cl-n other applicable law;or lll\~~m- fbtt-·:.t- rit'l'·":t·· r·t·oofth·l:·l·'} ., ~ .-f' P' ·r· n:} Y.· flo· 1\. ·1 ~ ; m.e yo

11.' ;t7i.!t.~~~~ l...f.&·A ~,;Jt•l- . ;m,nl <#l'l'C o!Ji! "7..1'11••1' li <t>') 17i.l 'l.ll" Federal Negarit Gazette No. 39 .91h April, 20 I 5 ..... .... ........ .page 8223 fl) rn. 'J~h-l·~ ;rch .,,~cv- rn.·)~h-l·~ b) if the certificate of industrial park residency is ;rch f'I'P~'I-l· rrt.hc rot.4'·f:'J obtained through misrepresentation or by rt'im- Ot''i'V\·}· CD~?" f vt..)· oot.;q provided false information or declaration; OJf-,9" tTP"?f\'"'1. 0"'1~1.11 h')~lf'l:: I/ fh. "J~il-l·~ ;rch 'I'P~'r}· ?"ilhC 2/ The revocation certificate of industrial park CD/.4'·}· f·,.l\l.HO·}· 'I'P ~ Oh. ")~(l.)·~ residency entails cessation of entitlement to any .TCh (J)oil'J' f1~:fm-1 art'i':fm-19" rights by the Resident; and the ceased immovable oo11.Y.'f .ffflA I hh. ")~(l.)·~ ,TCh property shall revert to the Industrial Park hAart. CD~tr hh. "J~il-l·t ;ret~ Developer or Industrial Park Operator as the case maybe. h (l T -"-"~ 1t '}.f. V·-, :"CD- f CDl\-" T m- 1 fot ')4'1\4'(\· (J)~IJ" f"'l ~'}4'1\4'(\- r/ fh. ")~(l.)·t ,TCh f''I'Pt'l·}· f''rilhC 3/ The resident whose industrial park resident CD/.4>-l• fTf\l.HO.)· CD~9" fart.ft:,O (\CD- certificate has been revoked or who leaves the park f'?A oo1A1fP'~1 h'?ll'O .fft(J)o"J may sell his personal effects upon payment of customs duties and taxes. f'1·9"?h 4'/.'l''l ;t-tlil h~l'r oo7i1' ~'Tf\(A:: 9.1 n~ 'JO· n·,.oofth·,.m- ooiP t.·l· tJatt. 7i'l~ 4/ The Commission may also impose further T t;t1."'1 t hilT"'1.&- tf! 1tC9" ;qsP l· ") administrative measures as specified in the f\.OJil.(' ~ 'TI\l\:: Regulation. h'i'A bpaOt PARI FIYE Ob.l.\.O:}:t ;reb aJoOT 00"1.(t(J): tfOt'iiiJT t GUARANTEES AND PROTECTION. AND TOI"f''f5 blh:()t)O.P'f NATIONAL TREATMENT

111. Z,h=A Z.lh:fllJO. r.rt-,1t oo11t

19. Natjopal Treatment Ot\.frol· h"7111l 111\:fm- f V1~'1: m'l""T m-h'r Without prejudice to the provisions of other applicable hflm-"L'" h1C h. 'Jliil·,.C'l· f·,. .f.'111CD- laws of the country with respect to a foreign investor, "11.rm0., lf~ f'(J)o~ h1C h'H'iil·N!''f any foreign investor individually or jointly with 0"71\:fcv- CD~?" hh.·l·f'"A•.f'f!f') .?C o~·)~·l· Ethiopian may participate as Industrial Park Developer, Ooolf") Oh. "J~(l.)·t .TCh hA l7'1. ~:,.: Industrial Park Operator or Industrial Park Enterprise. Oh. ")~il-l·t ,TCh hil·,."'"'t '1.)· CD~9" on. 1~il-l·~ ;rctl t:c~-l· f PJtr tTPilh oof\,.~ ~l-1\ft-:: 1~ ~1tlff)Q 41.M\ '1.76-l- -'"'"' 41'l'C 0U .,_,,~.f li of'') 17tl 't.v- Federal Negarit Gazette No. 39,9111 April, 2015.. ................ page 8224 .6.r-,A 111,t TO.t 20. Guarantee apd Protectjop &I "fh1Hl 1'+r (VIA 1'10. t)fl . n+.('OIJ.f 11 No Industrial Park investments may be expropriated i'h~ft- lJ~tf'l Oiti'cf>C fh.1~it-l·t ;J'Ch unless otherwise required for public purpose, and h. 1i'iil-l·oo1-l·1 d'lit"+:, 'n~"fAr:: subject to prompt payment of adequate compensation . .I/ ~"~" V1l1: f{l}o6f.l' ~"~" V1l-l· htf~ ft)fl 2/ The compensation shall be paid in any convertible h~fCJ>o?" OCJ>o"'f.l' 9"1'1&, ODTt.cf»fC'l O'l(\9" currency in the international financial markets if the 'ncf»~ 10.f 0'1, t\.-t-1\t\~ 01711. :Y·A 11H1l investor is foreign investor. ooLfJ?" 'n"n-l·:: [/ Oh 1~h1·t .TCh CJ>oh'l' hU'? h"Jflfl a>-~ 3/ Any unlawful expropriation shall entitle the Industrial Park Developer, Industrial Park Operator 11ll1:1 ~ 1-'t":, ri' f.t.1 17'11;;:{l}or (l())o or Industrial Park Enterprise to the restitution of its 1flt.1:1 ~ 1-'t":, hi' f.t.?n-l· 1.11. 1.rc: assets or investment together with reasonable interest 'Hili: ~l'lh·f'oo"f'\"-l· 1.11. 1:lit 9"h1f:l''l! rate calculated as of the . time the unlawful Olf'l ?"fll"l. hD'l.;.f'(\11 CD"1: ;JC fi'CDc'lf.O-l· expropriation until restitution of such property. U1l~· OJ~?" h 11ill-l·oo')~· ?-. '}JlooMl(\~· ~f.l.:JA:: ~I ft(\ 11ll~· '??"~·: il" lJil h~,r: l'l" 11ll.·l· 4/ The provisions of appropriate law shall be applicable with respect to manner of expropriation and what 17'1 it".,.:, ~ lJ it" 11ll. .'f · 'n oo"" it ll C11 C constitutes unlawful expropriation, compensation and 'n"''fl1l flt\())o (h "'1 f+ f. '111CD- i't.. '11111. restitution . f.tfc;A: : fi.OO fOJ-1!" rliJ& 21. Applicable Forei20 Excham~e Rules D'l 1;;:a>- 9" fa>- "L" +~·I·;;: 'n.'ffi h·) ·oo ') ·) · ,e t1 Any Industrial Park Developer or Industrial Park Operator or Industrial Park Enterprise subject to the laws fOIJ.oofTI fh ')~{l~·t .TCh nt!\"t i of the country, shall: fh. '}~it.'f· t ;:rch 'niti'~~t m~r f'n. 1Prh-l·& ;rch Y:C'1:·)· O'n1&·1; ih1:Y· ooU-'l.·l·:- 1/ be entitled to borrow funds from banks abroad and ~I h(l)o6J." U'lC lllfl f "h c; hooliiJ. f(l)o f U'lC domestic financial institutions; a>-h'l' f11t1<0 .,.*D'I·)· 11H<O ooO.f.C Y 2/ be allowed to list its stocks, bonds and other I/ fn'J.(-'1 /\.It-' "f 'Pll~·'l P'"f') OOJ·~ V1C securities on foreign security markets; f'Pil.'f·'l 10! "~ D'l..,.lfl i f:J hi't..cf>.f.".'f· 'n:H'iit-l·uo·)·l· ;JC Oi' f fH 3/ have the right to make remittances, in accordance Oh 11ill·l·oo·)·}· n'P:t: ~'l'C l~~t!/~7i.~ with paragraph (a) to (g) of sub-article (1) of Article 'n')4>1\ !S'~ h1CJ-h 'n14>1\ (l!) /....f.A -t-tr 26 of the Investment Proclamation No. 769/2012, in a convertible foreign currency at the prevailing rate . (V) ~ith (fl) f-t-uo"h·t: h~.f',PJ "·l~ of exchange on the date of remittance; details of ncn..,.·f: fi(\(J)· rr1t1t •f'oo') oo(ll. ,.,. ,,.. -·i'l·"-'·flli ~ """"' • -' 1!.&·~ ~ "'·•6·l- .".JII."' 4o-rC <!Jll "'Y..PII••P ji .,..J li'l.?; 'l.ll"' Federal Negarit Gazette No . 39 ,9"' April, 20 IS . ................. page 8225 which shall be specified in the regulation h~A 0.(-0t PART SIX ACCESS TO LAND AND ENYJRONMENTAL oat.t OOoafJI'i fb!J'lO. 'PO:J= PROTECTION 1'1.fb.l+Ot& :reb oat.t' t1tlt:t11

22. Acqujsjtjop of lpdustrjal Park Lapd Moyeahle and 7-'1 f'"l&1+0+(): U1l=fx ht\oof11 lmmoyeab!e Asset til fh.1~h·l·6 .TCtl hAC¥?. Oft.ll ht·l· 11 The industrial park developer may possess industrial ODV'l·}· fh. 1~h-l·6 ,TCtl no'-·)· oof11'1 park land through lease system and transfer n")CJ.i'l il.11 OOVJ/...)• ft\"' h_')~i'l-}•6 developed industrial park land through sub-lease. .TCh oo'--l· "'l'l·,..t'\t\~ f,":f•t'\(,\:: 11 r>t.rJ~h-l·t :ret. ;;.-..,..~~6 hh:)~h-l·6 2/ The industrial park operator may possess and ,TCh 1iACIII.m· .:JC OCIII.ff..C'lm· h9""9"~·l· administer, upon approval by the Board, the ODV'/.1• f·h~.h0(J}o fftt111 >t.')~(l·}·t ,TCh industrial park land which he has acquired through oo&.-l· OllC~ ft.B~·c'f> fh·,..IU';&-1,\:: agreement from industrial park developer. f/ fh. 1~h-l·t .TCh 1:C1:-l· hh.'}~h-l·t 3/ The industrial park enterprise may possess land .TCh ht!\Dli.(J}o ro~cr hh.'J~h,l·t ,TCh within the industrial park land which he has obtained 1ih.,..~~6 010.l'l t\.11 f"'.f'l""im· oo&..'f· through agreement from industrial park developer or OJle¥?. ?i~· ft.fJ~·:,.c; f 1i.'H'ih·l·oo·)·)· &.:P ~· industrial park operator upon approval and issuance {tflm(J)o Oh.')~fl·l·t :TCh ook·l· a>·hiJ' of investment permit by the Commission. oofll ~'T"f!\:: P.l O'lmC mt9" nh+t7'1 roo&-1· rtca,1·c; 4/ The restrictions in terms and tenure of land and use 1im:P~r ?. 1-'t u·r f Q;l.l.:J' r.c~-l·') of urban or rural land and bidding system shall not apply on industrial park land. fDtouflh·~ 11.£1~., Oh. 1~fl·l·& ;rctl oo&,.'f· ,., ·~&.,D'l; hf·lf~·9"== 51 The details regarding industrial park land site f;/ hfth 1~h-l·t ,TCh oot.:'f· (l;l' 9"11'1'1 1 site registration, plot leasing, sub-leasing, flftft.1fi flft1(}{l ft.llt (lft(l;t'(J)o Atllf:'f·c; development, construction, safety and supply of "?1ll:J' t ht\th1'1 ~U1~-l·'l ooV'l.;t'tf! utilities shall be specified in the Regulation. hii'Cn.Y. 'f f·,..oofth·t: liCliC ~··> ;J1.P'r 01..111 fD'l.a>fl~~ ~lfCJA:: 6/ Any Industrial Park Developer, Industrial Park . 'AI liCllt;. 01..1-fl rowtmin lf'l f 1i.')A-h:,·t Operator or Industrial Park Enterprise has the right to ;:rch >tt\Dll.: h.1~fl·l·t ,TCtl hfl·l'~~t mortgage its developed land, other immovable or "'" r>t:J~il·l·t ;:rch 1:c:~..l· h1'}tl1l movable asset, which commensurate to the /.../!..&·~ 'I.:M+ ;JH."I <#a-rC <!Iii ""!..f'll..l" i 4''J 17i.l 't.ll" Federal Ncgarit Gazette No. 39 ,9"' April, 2015 ..... .. ..... .. .... page 8226 ·l'cJ:att.'f· ou~~ 1\f, 'l'P/\l& U1l.'f· oom') development invested on the land, in order to obtain 1l~C /\IPI«6J1:,· f/\IPI oo&.:,· T 1\.lt-l· loan from financial institutions; the details of which f,., f, 1.,. fl.,. cr 'h c; ,.1.,. fl,.,. 1i 11ll.,.-:;.., shall be specified in the Regulations. 1Plilf11 ~'fl\1:\:: ~~ nc~ n)tm.~ tt.:\t-.,.1. 'h'l /\0. 1~ili·6 7I The industrial park developer or industrial park .rctt .f.·c~-l· ttAlf~ n.,.c f/\att operator may not, except to an industrial park 0. 1~il:,·6 .TCh oo&.:,··) f n. '}~{1:,·6 enterprise, transfer a leased and developed industrial :.ret~ n.:\att.(J)- CJJ~r rn. 1~11:,·6 .rctt park land to third parties without a written permission of the Board. h~~~~tl& /\~~~~ m11 ~~~~\/\~ n.e.~Ar== rr .~om,, biP&=c 23. Buildjpe Norms fh. ')~fl·l•t .TCh 011/.s·l· /:\"'1-l•') i ourPl.rf' Notwithstanding the provisions of other laws, norms or /:\till:,•'} T m '},'} t ou'P~C'} i f nfl&-C .f. '}(l'f'}'i' standards in respect of development of Industrial Park land, infrastructure and the construction of Industrial 1-t ;q sol- 1 01-ooll h..,. o/\.1\al- n"'7'111 ll" =f (Do Park building and structures, shall be specified in the th')f f·l'1.~11(J)o "''-mll4' lf'i" "'flrfl~~· Regulations in order to ensure proper project design, f/\(1)- fTC':e:hi· .cvt.e,'}t Tl\'}t ""'"Jll;J"t planning, construction, management of Industrial Park, fh.'J"'-~·l·t ;rctt GJ'J'l:'" hil·f'"'.(C T ou~-l· land development, management and related project nil+141.C ~'i' +f f~~~· f/\(J)o fTC'~h-l· supervision and quality control. h-l·-l·~ 'i' 1' &=-l· 1\"''l.??'J' f"''.fil 'fl\ 11C11C I. ')11 f,(J)fll~::

24. Epylropmeptal Reeulatiops II.Ot)btJ90. TD.t t1211Df ~I fL~&-~ 'h'i' fh~~ ou')"/J-U;t"-l· fhtt'lfl. 1I The federal and regional environmental legislations 'l'n.4' m1l· nh. 1-"-il.'f·t ;rch CJ>oil'l' ·t-~,Oll. shall apply within industrial parks . .elf'i' /\· : : I If httlln.'i f I. 1 Oil. 'Lil•tC f httllfl. 'l'O:J> 21 The Ministry of Environment and Forest shall PC~.P. 'f1 T .f.l.;c(PJ'f1 T f ht"t'lO. oo')h'lhO.f establish an office within industrial parks for the application, supervision, protection and enforcement oo'}?P..l-') 'h'i' On'lllO. "_e. fatt.I.C~ 1·~-l· of environmental norms, standards, safeguards, oo+~?i t):,.p..'f'} nn. 1~il-l·6 .TCh (1)-il'l' management and mitigation plans within the Industrial Parks; /\oof"lmC t /\oomn~ 'h'i' rf'«6Jil&-'f /\"'11:l«6J ftllf.fGJ1f n.c- · nn. 1~il-l·6 ;rctt (1)-fl'l' fl.&-)t,.\:: 3/ The details regarding environmental obligations of an f:l hh.')~fli·6 .TCh .?C fi'fftt- fn'lllO. 1'0.4' Industrial Park shall be specified in the Regulation. GJ~;J'P''f 1fC1fC U·'L:J' 01.10. ~CD(\'i'/;\:: 1,.. ~7Uffi 41.t.A ~..7~+ ..71&."1 411'C i!)ii -t.fiU' li +"J 171.1 •u• Federal Negarit Gazette No. 39 ,9"' April, 20 I 5 .................. page 8227 l~.rb.J+Ot& :reb bOtrr5' t~~J?i?Jt 25. lpdustrjal Park Desi2natiop apd Modjficatjop AI rh. 1~/a-l·& ;rctJ nne.(· ~flrii11A== 1I An industrial park shall be designated by the Board. 1/flC~ fh. '}~/a-l·& .TCh"J fl.l\~9" 2/ The Board in designating the Industrial Parka shall ft11J.h·f'fl--l·'} "?9"·l· lD-h'l' fh1lll:\ ~ consider: ll) f.,.lnro. TC"~h-l· h~.'rl· i a) the nature ofthe proposed project; tl) tl.tlllfl f:l'fln01. rh. 1~ili·& :rch b) the intended size and perimeter of the proposed 114-i·c; oom'l tf.tf 1 Industrial Parks; th) h~1lla;:l:\ 'l' f<t 'I~ f1' .(l1 oolf't- i c) clearance from encumbrance, proximity to /l"'/flni• "h'Cj /lODlP{.•f' 1:\01/-}• f/l(J)- industrial inputs and infrastructure ' :,.cni•i fth11fl 01/bhA floolf") flllD- conduciveness to become population center and hoo:f'l-l· i fTC"~h·t:·J llfh& · 'hCJ the nature of project including availability of rmsc; roo11c;;;: llflbh'l-l· ftl~·l· medical and recreational center. oolf~") I h'i oo) h'"lil·~C T'\'} i hoo&.-l· hm:J>+r'i' d) compatibility with master plan, land use and the hoolt(lfl-i· ?C fti1J.IT)IT)9" oolf'l' '}:: like. f/ fh. ")~hi·& ;rctJ b{lff9" hCO,-l·CJ 3/ the details of designation procedures shall be 11C11C ooh~C.Y.:Y. n 111J.(I)ffl .(1·n specified in the Regulations; ~mt.CJA:: -. Q/ '"I 'I:f(l)oSJ" f1'(\foo fh."J~h-l·& ;ret. 4/ any modification to and revocation of an Industrial ~7i7i.rc; llltt nne~ ~mt.'i"A== Park shall be determined by the Board. n.rb.l+ltt6 ZCh bA., bou&='T ouO#.Ct 26 .Requjremepts for Selectjop of lpdustrjal Park Deyeloper fh. 1~lti·t ,;rch hA"t hoot-l1' 0.(111 The selection of industrial park developer shall be ,CDfl'i /;\:: effected in accordance with the regulation . . ll.fblt "74hA b1A,Irt 27 .Ope-Stop Shop 61 Oh. 1~hi·t ;rch lD'h1' h"'/'lfl'rl· ll'lflD' 1/ The services provided by competent authorities in any bttl\i· fattflm-i· b1A"'IIt-.Y."f n:,.A't'~c;c; Industrial Park shall be offered through One-Stop Shop in an efficient and streamlined manner. n+lttlm ~"l.;r ""'"' att6hA ,e.fltTJh-=: 11. tltllf.7i.,. on. 1~hi·& ;rc~ lD'lt1' fb1t: 2/ The Commission shall provide one-stop shop service within the industrial parks; bring into line other "''bhl:\ b1A"?I\-.Y.:Y.'J ~(\11')1:\ I 1\./\-:Y. b"?ll'O competent organs and co-ordinate their day-to-day f'l=fCD-1 btJI\i· f+'114A l ffblli· functions . _,.""/flt-=fCD- 1 fh·f''lfi&-A:: 1Pi g?tr~n~ 1..1./.·A ~;Jt+ ;JH."' •'l'c rJJil ~.tiL.f I) +'J 17\.1 't.r Federal Negarit Gazette No. 39 ,9th April, 201S .............. ... .page 82211 ht"tl\-l· fcnt.ouflh;:t"Tc&1 3/The competent authorities shall maintain their h1A"Ifl-·l· fl.l\m- nth? mandates in the course of discharging their specific f·f'1.."111a>-1 f P-'A"l'}c; ·t-"?llC rofl'lra>-'} functions in the one-stop shop. 0"1/hOC hl\llra>-:: o/ fh'}f: a'Mht\ h1A?fl--l· • hl\f11'1'1 4/Details relating to one-stop shop services shall be ftnt.oul\h·l: liCliC 1·-4f- l· 01.. ')ofl ~.ro(ac; (\·:: specified in the Regulation. ~~.IP&=t'i'l f"'L,..Oh1: .,..,t'f 28. Labor Affairs 61 f>-t(ltc; w&-·1'~ >-t'P~ ~'l'C i:~G-~IIJ!ni 11 Labor Proclamation No 377/2003 (as amended) shall (~1~,.7i7ifl) ODll'}~c&~ f>-t.1~il1·t ;rch be applicable in any Industrial Park; c&il'l' _,.A. ,Dll. f, lf c; A: : I/ fl1. u h 1.,.1) '}£H• h '}.,.{) (ii) 1:1 .?'1 2 /Without prejudice to sub-article ( 1) of this Article h11..,.m0.,. tfC: f>-..'}~il.'f·t ,7'Ch1 A~ labor contract may be negotiated between the 'lUt ?~-l· a>-il'l' flt11iil'1'1,.,. flh{\t'J employer and employee taking into account the w&-·1'~ oulJhA f P-'&= a>- A 1..'C1..'C fl.~l.'? Industrial Park' s peculiar feature; .el·f\A:: r.t ru.'t-·,.~c; l711thnt-tf 1·~.e Dll. ~.il·tc 3/The Ministry of Labor and Social Affairs shall hh.'J~il-l·t tnt 'l.il·tC OououiJhC establish the rules and procedures on labor issues in consultation with the Ministry of Industry on the basis f(lil-l·f'7i J»C'l·}·'} of tripartite modality the details of which shall be specified in the Regulation; 1..'}(f:i·1CJ P-'C~.Y.l-1 .f'ro"lA l liCll<-~ fl~ 'Hl f,(J){l'J A:: o/ hilLI\1. tfC: fl. 1~ f>-..'J~il1·t Dll.'l.il·tC 4/The Ministry of Industry shall organize technical and htnt.ouflh:J"ra>- ao1'7 ~» :rce h•11\-l·: vocational training program in collaboration with the concerned government entities and Industrial Park rh:J~il·l·t ;rch hAITfl. (J).e~ ,..,.. ..,.~~t Developer (operator) whenever necessary; .?C flao·f'CiflC f·l:h"l.h'l fuo-f hAmc; fJ1;J)(A :: 5/The Ministry of Industry shall facilitate technology '(;/ fh. 1~il-l·t t111. 'z.il·I:C fh"il"'C P'C~-l·1 transfer and skills development in general and Ooom.,.~c; 1\.tr-l· ~C'l' ·f'cr'hC:Jnl-1 domestic manufacturing sector Gapacity building in floo.,.ooC f·th'ttr.:'l. 7i'7'7C1'1 fhUtr-·}· particular mainly through clustering and other best AD111· flntn.4'1\t.: f U1C (J)o{l'l' >-.~t-1· practice approaches. 11cct: n<f-r '71fl;t- P-"&=sn·:r··} O·f'l\r v·'l.:r .f'ou1'1'A:: 1JI.· ;Wi.lf?lU l...f./.•1\ 'I;J6·l- ;Jrt.nl '111'C i!}il "t..fll,,f /i +"t 11i.i ~.r Federal Negarit Gazette No. 39 ,9m April, 2015 ................. page 8229 h'i!A 09+ PARISEYEN tft!Jt!J& b!J"T b'i f.J-4,;!= bt&=lil P'CO,t REGULATORY ORGANS AND GRIEYANCE PROCEDURE

29. Reeulatoty Oceans 1I The Board shall designate and oversee the I hm:PI\f. r h:J~fl·l·~ ;rctJ hiH·~.e.c>'l administration and supervision of Industrial Parks. -f:IJ'IJ'C'J 11111\,P.'rl· J_J,uot,./:\:: f./ llC~ Jlt11!.7i~· flf\mro· (1)-1\'1. 1\f, :,.c 2/ The Board shall decide on complaints submitted by f·Hf~ DWi'l:fm·?... rn:)~ll·l·& ;rctJ any Industrial Park Developer, Industrial Park ht!\owt. t rh:J~ll·l·t ;rch hia-t·~~t he; Operator or Industrial ~ark Enterprise challenging rh·J~ll·l·t ;rch 1:c-,:.··l· nowt.f+Cfl(l)o decision given by the Commission. hO.·I: :J' 1\f, f,a>il'l t!\;: Cl llC~ fooffllmC ;}1\~.~·1:') fowt.rofllfl·l· 3/ The manner in which the Board exercises its 11C11C fbu. 1&-C !»CO,·)· flt.'HI fDl!.mfl') regulatory mandate shall be specified in the ,(l,lf'l A:: Regulation. P.l fh'J~()·}·t Dl!.'l.()·I;C fh'J~()·}·t ,TCtJ 4/ The Ministry of Industry shall ensure and supervise .e.·c~..Y.l- rh.tJll·1:17i'J h"?/:\"?ttv·l· t that the industrial park enterprise are provided with ·l;tJ')ofr='(, i '?flh•)•CJ '?flf,•}• 'h ')~. 0·9"' assistance such as extension services, technology, flboo&-l·}· l 1t.· t.· ;Jfi~ llll'?1 :rfro•'J inputs and marketing and method of manufacturing. J' l,.:J"?Illt!\ I .e.ftrtmt-A:: l;l Jlllll. 7i~· flh ')fi()·)·oo'}•)· b'P:~ ch'J'C 51 The Commission, in addition to exercising its ?tt~·~ttfl'li.P. ('h'Jt.·t-?i?i~) h·t-flm(J)o J-Ut!\fll') mandates under Investment Proclamation No. n·N;Q.owt~ tth.1~ll·l·~ ;rctJ hAatt. i 769/2012 (as amended), shall issue permits to t\h'J~{)·}·t .TCtJ bil·I'~-'St he; Industrial Park Developer, Industrial Park Operator ~h'J~()·}·t ;T'Ch 1:C~··l· /..:1>1: f,(\fllt!\! or Industrial Park Enterprise; conclude agreements hh.'J~ll-l·~ ;rctJ hAowt. ro.e,r with industrial park developer and industrial park operator. hh ')-'1-()·}·6 ;T'Ch b()·t-~~t :JC ()9"9"'~-l· f,/..CDl! l\:: 'it/ 11H.u 61 The detail functions of the Board and the ftlD'/. 7i~· 11C11C Commission provided for in this Article shall be specified in the Regulation. 4'-<'-·A 'l.:.t:-l- .:m,nJ 4t'J'C: tJ)il .,_,I'II,,C' li +'t li'i.l •u• Federal Negarit Gazette No. 39 .9111 April, 20 IS ...... ............ page 8230 91. .,Omlttt n",..nmt' 4.1'11 Of\"'11t mg,r 30.Issuapce of Reprimapd. Suspepsjop apd Reyocatjop of lli\11Dfl'lf Permit ~~ nc~ fh 1~il·h~ .rch nl\1711.m· mf.tr I/The Board shall: fh.'J~il·l·t ;rch hil·t-.cv~to:Jo: - IJ) L:I"~'J /\1711"?7·}· f·t-cf>oom··l·'J :,Of,.·oo- a) issue reprimand to industrial park developer or U·'I.;t' PJ'i.. t ~u·J ncr~· t'\D'IIh~1tr industrial park operator, so as to take from- .('J(l':f.•J i oouotfPJ':j.•J Ol~S"' rectification measure within the time limit t\.ft-l· n"?flfl"rl· fl\rm··J ih·H.. ffllt'\ specified in the regulations, if he violates the h'Jf.tr"l f1711/H·lth.f hCS'u:q conditions set out in the permit, the regulations or directives issued for the implementation of h ')o\mfaf.• 01. '}0· n·t·uot'\h·l,a>· f'l.tl. this Proclamation or any other applicable law; '11..11 uou•t.·l· 1711i'lm'Jcf><L!.f f.t'\mcpl\ i fl) mt.u h'Jcf't) t,.J'..I:\ ·t-&. (u) n·t-7fltJO:Jo b) suspend the industrial park developer or oou•t.·l· fDlfi'l-f•lthJ' hCtr}t ltl\a>(\1. industrial park rperator pursuant to the time f"lfa·t-t'thf hC9"1.m··} hhh.mhJ'..' limit specified in the regulations, until the J'..•t.il OJ'..'JO· ll·t-oollh·t-m· f'l,tl. 11.11 rectification measure is taken, if he fails to take L :1" lit. f, :t' 1P,l\ : : rectification measure pursuant to paragraph (a) ofthis Article. ;rctJ 2/ Where an industrial park developer or industrial park fh. 111t.il-l·t .TCh nil•t-P,P,t(J)o OH.U operator fails to take rectification measure pursuant h'}.,.Y\ '}(}oil h').,.Y\ (1) /u.(l:\ ·t-6- (t'\) to paragraph (b) of sub-article (I) of this Article and ouU'l.·)· O·t-oullh·l'm· f1.H. 11.11 m-il'P if one of the following causes materialized, the Board fDlfil·t-••hf hcyu;q ttl\mt'\1. n.'i may revoke the permit: hDlf.h·t-ll..l· nn ')P,. rto .r·l· nc 11,. tt.:#"P,. ., fl.fll11 t,'1.. fti:\:- a) declared bankrupt; IJ) uoht'\<. h;rro~ I b) ptovided that permit is given on the basis of fl) ~:#"lit.') fltll/"?]:,. f Ufl·)· a>~S"' f·t-1\ll·t- false information or misrepresentation; oot.;q "lCftl.Oo h·l'l.;J1m l m) O?flo>· i'I9"Y""I·l· uou•t.·l· f11o>•') c) fails to develop the land or to administer the industrial park, as the case may be, in out,·)· l-Jf\(\0'1/ OJf,l}" f h.'JIIt.il·}·t ;T'Ch accordance with agreement; Dlli'l·t-P,J'..C .J-Ut-a>·'} ltl\:~uol. l ou) 01tf /..:J>IIt. P-'t·o>:} ili\Dll*l.m· n"?flfl d) notifies to an appropriate organ termination of its f\flm· ,,,b\ n~ u·fi~ ••l"lolcf>l activities. f:l /. •.,4>11,. h·t-U'/.tl 0'}/t Ofl/\/.•.,4>11,. t'·t- fHa>· 3/ Upon revocation of the permit, the land possessed by oo&.·l·') llnht·r. f.ool\f\1:\:: such permit holder shall be reverted to the entity that leased the same. ~~t.. A 'r;M-1- :m.nr •-rc o!Jil -?..fll••f' li 'f"1 11ll 'J.r Federal Negarit Gazette No. 39 ,9tto April, 2015 ... ..... .......... page 8231 Rl f ~J-11,. aotP{.lf f·f'c(.)\oo(J)-·) fh..)P,.{Ii·t 4/ The revocation of the permit shall entail termination .TCh "A art. "1-'1· CD,'r f"-·t~l'a·l·~ .TCh of the industrial park development or industrial .park hl'a-t~~t'l-l· . h9"'9"''1-l· ~")Jl*l1' operation agreement. f1.C;J(A:: '(;/ ~Oif.7i.,.. f~')~l'a.'f·t 51 The Commission may: 111\LJ-1.":- U) c(.J-11,.1 ft"'1"11-l· f-t.,.oom-i·1 :t-1.-oo- a) issue reprimand to industrial. park enterprise, so U. '1.:1' SD"T t / .e, U1 "'tp"1: 1\~ l'a L 1t'r as to take rectification measure within the time limit specified in the regulations, if he violates f(J)ffi' 1.1(l'f') (1),9"' ooootf fP"f1 the conditions set out in the permit, the m,r t\fl"'f h"1'l1l~i· .f'lra>-1 m1'f regulations or directives issued for the ffflft h'J.f.lf"l ~l'a-ttthf hC'r:4 implementation of this Proclamation or any h 1.ctmh1." 01.10· 0-toofth·t'a>- ftt1. . other applicable law; ?tfl oolPl.~· D'lhtn1+ctf .e,{lm'PA I /\) ntlU h 1.,.)\" ~1..1:\ -t6- ( U) 01"11\60>- b) suspend the industrial park enterprise in 00lP/.~· f01Jhi't"thf hC9":4 tel\mflt accordance the time limit specified in the regulations, until the rectification measure is f'"lh-ttthf hC9"':4a>-1 hhh.mh1." 1." lh taken, if he fails to take rectification measure Ot ')fl- fli'oofth-f'(J)- f?.ti. ?til pursuant to paragraph (a) of this Article. ,.,1.'P"': : 61 Where an industrial park enterprise fails to take i/ fh 1~h-l·t ;rch 1.-C"f:.'f· OtlU 1C>-l'a rectification measure pursuant to paragraph (b) of h1.,.c) (~) ~.({;\ -t6- (/\) OOIPl.'f• sub-article (5) of this Article and if one of the O-toofth•f'(J)o f'l.t1. ?t1l (J)-il'J' f01Jil·t-tehf following causes materialized, the Commission may hcr:q tt/:\m.-..r. h'l hatth-t~.'f· n,..,~ revoke the permit: r'h1J'-l· fl1111.7i'r c(.J-11,.1 t\f\C11 ,'fi\A:- a) declared bankrupt; b) proved that permit is given on the basis of ") c(.J-Pt-1 tt"'''71-l· r uf\-l· m,r r·t-llll-t- false information or misrepresentation; ool:4 '"l:t>lO. h-tl.;J?m 1 c) fails to develop the land in accordance with the th) O?fiCD- ')O.il t\11 ODlP/.~· f'f'j(J)o') agreement; oot,1· t"t'lftD'#l d) voluntarily notifies to appropriat~ organ the oo) O?tJ .(.~Pt. FlrOJ.1 n1-'S*l.m h"7111l termination of its activities. 1\fta>- ht-a A oK" u. ~ t-a 1\m.,. 1 ,,.. ~7i.ll(l)« l-1./.·A 't:Jt+ .'JH.111 411'C t!Ju '"'lJ'IL.t' li +'t lftl ~.r Federal Negarit Gazette No. 39,9111 April, 2015 .. .. ........ ... ... page 8232 ?,/ flH. U h 'Jcf»?\ f·f'oo/\h•f"lD· r L!P1: hltl 7I The revocation under this Article shall deprive the llft.t?~ mtu ct'P:t:· oowt.·~ permit holder from the rights provided under this Proclamation. r·f'(\~·r·t ff.C;Jf:\:: ~i.llOt4:t _,Ot51JJ 31. Complajpt HapdHoe Iii UWJ1~ (1)-SJ" h')~{l·l·~ :ret~ hAUWJ. i 1/ Any industrial park developer, industrial park h;)~{li·~ .TCtJ hfl-t-.CS.CS~ i h.'J"'f.ll·l·~ operator, industrial park enterprise or industrial park :ret~ f.·c:t:·l· rof.r >.:t~fl·l·~ ;rctJ .,,~ resident shall have the right to lodge complaints to 1-Vl\ITJ') flftro- htll\ OCD(lf.O-l· hC?"1. 1\f, the Commission against measures taken by any competent authority. ~~;t'CD-1 fttl'"1.7i~1 '"l~l-fl oo-(l-}· f,c;'l.tp/;\:: r.t '"I'Jc;:ro-r 1'.ret ftt~CJ11. 7i~· ra11.+cnro- 2/ Any such complaint may be lodged with the hC9";'fm- h·ND(l.(O·}· 1.11. ~9"C' O~IJ+'I·l· Commission within 30 days of the taking of the CD-{11' f, lJ' c; l\: : measure in question . f. I t-D>~. 1i'r 0 _,. ~ 0(1)- :,0 &. ;r f\ f, Mk ~ ;r ro- 3/ The Commission shall deliver its decision on the O+lO Ocf) +'I·}· CD·ll1' ON'\'1. f.{\IT)/;\:: complaint submitted to it within 30 days. 9.1 tlatt 7i~· nflmro- ro-ll 'I. 1\f, :,.c r·f'f\1 ht"!A 4/ The Board shall entertain complaint lodged against aN"l'l. h·f'flmn·l· .,., ~rc: n~l} +'l·l· the decision of the Commission if it is lodged within 30 days and shall give its decision within 30 days. ro-{11' Oa"rt•.f'.,.CO(J)o hfl.~ ;r 1\f, fiC ~ OW +CJ·l· ro-fl1' CD-f\'1. f,(\lfll\:: f;l flC"'f. nflm£D· ro-f\'1. 1\~ ~c f·f'fl1 ro7'J 51 An aggrieved party by the decision of the Board ro-f\'1.(1)- hf./.f\(1)- 1.11. :t.rc: n~J.,.c;·l· ro·{l1' may appeal within 30 days of receipt of the decision to a court having jurisdiction. 1·-".~'J P'AfTI'J 1\ftCJJ· ~~Cf.· n.·l· '"l~l-fl f,~ff\l\:: '!tl {)f\Cf>~;t' n+&-l'O'I fro-f\'1. hflfTI1' lfCliC 61 Details regarding the manner of lodging of complaints and rendering of decision shall be v·., :" n1.•J-n f, mfl 'lA : : specified in the Regulation. ~f.t·A ~.;Jt-1- ;Jil."t <IJ'I'C @!! "'l..fll•.f ji <f''J li'i.~ 'U" Federal Negarit Gazette No. 39 ,91h April, 2015 .............. .... page 8233 h«i!A ilr1t- PART EIGHT Att A~ 1:121.?'":f MISCELI,ANEOUS PROVISIONS 01J~11J'i ODIID/.f f"'/aJot!Jt P'lVIJ1 32. Powers to Issue Regulatjop apd Djrectjye M rD>t 'l.fl-l·c>:Y· rt~c n.·l· ttn.·>~fl-l·6 ;rctl:Y. 1/ The Council of Ministers may issue regulation with f'OlJ.c)m· OIJOl;J-:f P'~···) f'OIJ.nofthi· "ltc; respect to incentive package applicable to industrial .£.u'> n'P~ ttOIJflt.ar rOIJ.fflt.l\1· lb~to'f parks and other regulations necessary . .'-'.'}(11·1 ft.flDITJ ,e.:f·'lA:: ~~ nc~. ~.u·> n~~~· 'he.; nH.u n'J</>t} 'JO·n 2/ The Board may issue directives necessary for the ~' ')<f>() (li) oou.• l. ·l· ?OIJ.rom· f.1n'f1 implementation of this Proclamation and the ftOIJfi&.'NJD onon6f f»":i·') ft.f{J)IT) f.'f'lA:: regulation issued pursuant to sub-article ( 1) of this Article. r!)[ .f ou?\21tt 1:121sP'f

33. Tragsjtory Proyjsjop ;.i/ OH.u n'P~· "eJ {-'·i · oull ~i · td·1 rnllfr?" 1I Any existing industrial zone or information ooflt.e.Y. ~: 7-.()t-,try, 1\ ~·I.() Otf'Jfm-9" ~fie technology park, shall be presumed as industrial park hn:>~f1·)·6 t\OIJ-l· 4-m~ ro.£.9" upon entry into force of this Proclamation provided rn:>t:CD1l7i1 ·J:tJC:'ft-·Jt ;rcn n'PJr. n.~»&­ they meet the designation criteria and be governed by 'lf. h'Pttn·l· ·ttL ~rc· ~1.'-'. A.1~fl·l·6 this Proclamation. ;rch f.·~m&-fl· i ntLu n'P1: oowt.-l·r f.·t-~.'-'.&-ft·:: fl../ .eu n'Pf: hooa>·fiJ·t: 06.·1·:- 2/ The prior: U) uo'}'?.P·" l· hn.')~.f1·)·6 /!\£¥?·)· <I'm~ i a) agreements entered into by the Government with hn:>~-fl·l·6 ;rch nAOIJS hh'J~ni·t the industrial zone, industrial park developer or .rcn nn·t-~~t :JC .r.r.t.:Jfm- with the industry park operator; fl?"r.,..., ":): i ft) Oou'J"J.~»i· fth'J~{l.'f·t AOIJ-l· </>me;: b) incentives given by the Government to the ttn.·>~fl-l·t .ren nAOlf.: tth'J~fl·l·t industry zone, industry park developer, industry .rcn nn·t-~~6 rof.r lln:>~r.·l·t park operator or industry park enterprise; .ren .r.·e'1:·l· r·t-flm- OIJnt.:r?-PJ~··: shall continue to be applied . ·t-~.'lOIJ. ~·l· f.<f>~'lA:: f./ rn.1~fl·1·t AOIJ-l· </>mc;PJ:t. OIJAOIJ-l·1 3/ Any prior application in respect of the development ro.e?" OIJ{lr~.'-'.C'} n·t·ootth·t- 01J'J~ro·9" and operation of industrial development zones or O'U.·l· 'lfJ fit OIJooAh;r. f.u n'P~ hrotTJ industrial parks shall be deemed pending before the n~'l n~u n'P~~ .£.u1 n'P~ ttOtJfiL~r Commission pursuant to this . Proclamation and regulations issued hereunder. Oa>fTJm- Y.11l OOl).J I. -~ · m.r. nOlf. 7i•r ~·>.'-'.<f>l.O f.~m&-1!\:: l.f.t·A ~;Jt·l- ;Jtt."l 4l'l'C ijjii '"'t.Pil.f' j) 4' 't 17i.i 'HI" Federal Negarit Gazette No. 39 ,9lh April, 20 15 ... .. ... .. ........ page 8234 ot rh·>~ll·l·~ ;rctJ Adil-l· teeT &.7i') 4/ The Industrial Parks Development Corporation shall .('.U'}'} ~'P~· 't-h-l·l\o ~ 11..-t';f:'J:oo be presumed as established pursuant to this .e.Y.mt-t:\:: Proclamation . ~!l.tL,""l..)T llt\dii&S".t.T(J)o m1?f 34. Ipapp!icable laws .eu·n ~'P'f: foYJ.:Pl. ') oYJ')~ro·?n ntJ>~· : No proclamation, regulation, directive or customary ~·Hp oonotf : lD~~ t!\OT!WI! nflt-C llli.U practice, inconsistent with this Proclamation shall have ~ cr:~ O·t-7it. '1· 'l·.&;f-1· f\K. ·t- t. '1oYJ. 'li· force and effect, in respect of matters provided for in this n.f.'i' t.m·r:: Proclamation, c!}~ Jl'PJf. f"t650+ 1,11. 35. Effectjye Date ?·u n<r:~:· o&.-9-..t-b'\ ·, ;Jt,·)· .'Jtt.r'l ~-) · qo This Proclamation shall enter into force on the date of ha>fTJO,)· <#>') :e:~C' ffJCj f.(}'c;f!\:: Publication in the Federal Negarit Gazette. Done at Addis Ababa, this 91h day of April, 20 15 . MULATU TESHOME (Dr.) PRESIDENT OF THE FEDERAL DEMOCRATIC f h.. +r-k, ~1..&-f\'l! -'l 'P'h&-l\.f'l! REPUBLIC OF ETHIOPIA tTill\.h T &.11.~1~