Cakaara Radio
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Investment Policies and incentives
Following launching of the 1992 Ethiopia's free market policy, the federal government of Ethiopia and the Somali Regional State has been taking a wide range of Economic reforms for the past 18 years aiming at promoting economic liberalization and encouraging private investments. This can be reflected through the government supportive policies, rules and regulations, incentives, adequate guarantee and protection, through infrastructural facilities, transparent service including land facilities and service delivery. Especially the regional government is doing its best to strengthen its support to the private sector by designing private investment development program aimed largely to enhance the role of the private sector in the regions socio-economic development activities, in parallel by the expense of the regional government, more than 300 project ideas has been identified, out of which 50 project profiles are ready for investors. For better information the regions investment potential, supportive policy and regulations, incentives and other fertile conditions are stated below.
Somali
Regional Investment Agency
The Somali Regional Investment Agency is the responsible government body which:-
- Issue investment certificate for local investors for investment projects to be made by an individual person or businesses organizations.
- Renew permits where satisfied
In collaboration with concerned zones, districts and urban administration executive organs, facilitate the allocation of land for approved investments.
- In collaboration with concerned body provides land-holding certificate.
- undertake promotional activities
- provide consultancy service to investors on possible areas of investment.
- provide information on investment opportunities of the region.
Objectives
of Investment policy of the Somali regional state
- To accelerate the economic and social development activities of the region.
- To exploit and develop the immense natural resources of the region.
- To increase and expand the production and the social service of the region.
- To promote the increase of quality variety and volume of production and export as well as to increase the country and the state revenue.
- To render the investors understand the role of investment can play to acceleration of development activities in the region.
- To strengthen the integration of economic sector of the region in order to accelerate the development activities of the region.
- To create made employment opportunities as well as to require how necessary for the progress of the region and to settle and create permanent stage of life to the regions scattered society.
Waxa diyaariyey
Xafiiska Maalgalinta
Dawladda Deegaanka Soomaalida
P.O. Box 237
July 2009, Jijiga
Dhiirgalinta Dawladda ee Maalgalinta
Dhiirgalinta
Dawladda ee Maalgalinta - Government Investment Promotion
Fursadaha
Iyo Xaalada La Fududeeyey Ee Maalgalinta Gaarka Ah (Potential And Fertile
Conditions For Private Investment In SRS)
Siyaasadda cusub ee Dawladda Itoobiya waxa
aasaas u ah dhaqaalaha suuqa xorta ah iyadoo arintani horseedday kobcinta
sektarka maalgalint a iyo soo jiidashada maalqabeenadaba.
18kii sano ee lasoo dhaafay, dawladda dhexe
iyo kuwa deegaanaduba waxay soo saareen siyaasado maalgalineed, wareegtooyin,
xeerer, xeer-nidaamiyeyaal, dhiirrigalin iyo shuruuc kale oo ku habboon soo
jiidashada iyo fududaynta maalgalinta gaarka ah.
DDS waxa hadda ka jira xaalado ay kusoo hiran
karaan maalgaliyeyaasha gaarka ah:
Dawladda deegaanka Soomalidu waxay aasaastay
hay’ad gaar u ah maaraynta iyo maamulka maalgalinta gaarka ah.
Awoodda iyo wajibaadka Wakaaladda Maalagalinta DDS waxa ka mid ah:
Waxa diyaariyey
Xafiiska Maalgalinta
Dawladda Deegaanka Soomaalida
P.O. Box 237
+251 (025) 775
2026/2038
+251 (025) 775
2026
This email address is being protected from spambots. You need JavaScript enabled to view it.
Ujeedooyinka Siyaasadda Maalgalinta
Ujeedooyinka
Siyaasadda Maalgalinta - Objectives Of
Investment Policy Of The Somali Regional State
Ujeedooyinka waxa ka mid ah:
·
To accelerate the economic and social development activities of the
region.
·
To exploit and develop the immense natural resources of the region.
·
To increase and expand the production and the social service of the
region.
·
To promote the increase of quality variety and volume of production and
export as well as to increase the country and the state revenue.
·
To render the investors understand the role of investment can play to
acceleration of development activities in the region.
·
To strengthen the integration of economic sector of the region in order
to accelerate the development activities of the region.
· To create employment opportunities as well as to require how necessary for the progress of the region and to settle and create permanent stage of life to the regions scattered society.
Waxa diyaariyey
Xafiiska Maalgalinta
Dawladda Deegaanka Soomaalida
P.O. Box 237
+251 (025) 775
2026/2038
+251 (025) 775
2026
This email address is being protected from spambots. You need JavaScript enabled to view it.
Dhiirirgalinta Maalgalinta
Dhiirirgalinta
Maalgalinta - Undertake Promotional
Activities
·
Soo saaridda fasaxa maalgalinta - Issue investment certificate for local
investors for investment projects to be made by an individual person or
businesses organizations.
·
Cusboonaysiinta fasaxa maalgalinta - Renew permit where satisfied
·
Fudueynta helitaanka dhulka maalgalinta.
·
Adeegga la talinta iyo xog siinta maalgaliyaasha.
Si
loo taageero maalgaliyaasha gaarka ah,
dawladda deegaanku waxay diyaarisay barnaamijka horumatinta maalglainta gaarka
ah (Private Investment Development Program).
·
Waxa la diyaariyey qaab la isku weydaarsado xogta maalgalinta si
maalgaliyeyaasha gaarka ah loogu fudeeyo inay helaan xog kasta oo ku saabsan
maalaglinta gaarka ah ee deegaanka
Soomaalida.
· Waxa la darsay in lamaalgashan karo mashaariic kabadan 300 iyadoo 50 mashruuc oo kamid ah documentigoda la diyariyay.
Waxa diyaariyey
Xafiiska Maalgalinta
Dawladda Deegaanka Soomaalida
P.O. Box 237
+251 (025) 775
2026/2038
+251 (025) 775
2026
This email address is being protected from spambots. You need JavaScript enabled to view it.
Ilaalinta Maalgalinta
Ilaalinta
Maalgalinta - Investment Protection
Itoobiya waxay heshiisyo maalgalinta la
xidhiidha la gashay wadamo badan iyadoo xubin ka ah waddamada ku bahoobay
Bankiga adduunka gaar ahaan
“Multilateral Investment Guarantee Agency (MiGA)”.
Sidoo kale waxay Itoobiya saxeexday heshiiska caalamaiga ah ee sixidda khilaafyada ka yimaadda maalglainta - International convention on settlement of investment disputes (ICSID).
Waxa diyaariyey
Xafiiska Maalgalinta
Dawladda Deegaanka Soomaalida
P.O. Box 237
+251 (025) 775
2026/2038
+251 (025) 775
2026
This email address is being protected from spambots. You need JavaScript enabled to view it.