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Investment Proclamation No. 37-1996

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OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA
2 Year No. 25 ADDIS ABABA - 18th June , 1996
CONTENTS Proclamation No. 37/1996
Investment Proclamation
Page 175
PROCLAMATION NO.37 / 1996
INVESTMENT PROCLAMATION OF
THE FEDERAL DEMOCRATIC REPUBLIC
OF ETHIOPIA
WHEREAS , the encouragement and promotion of
investment has become necessary so as to accelerate the
economic development of the country and to improve the
WHEREAS , in addition to that of domestic investors , it
is deemed essential to widen the scope of participation of
view to enhancing the country's investment activities ;
WHEREAS , the system of administration of invest
ments needs to be transparent and efficient ;
WHEREAS , to these ends , it has become necessary to
NOW , THEREFORE , in accordance with Article 55 ( 1 )
of the Constitution of the Federal Democratic Republic of
Ethiopia , it is hereby proclaimed as follows :
PART ONE
General
1. Short Title This Proclamation may be cited as the " Investment
Proclamation No. 37/1996 . ”
Definitions
In this Proclamation , unless the context otherwise
requires :
Unit Price )
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