Ethiopia set to construct ETB 5 bln ICT park

 

Monday 25 March 2013 | 13:17 CET | News

Ethiopia’s Ministry of Communications & Information Technology (MoCIT) is to start the construction of a ETB 5 billion ICT park, called Ethio ICT. The park is aimed at boosting information technology services and offering reliable mobile broadband infrastructure in the country. Construction is set to begin within a month on 200ha of land behind Bole International Airport, according to Brehane Keleta, manager of the project, Addis Fortune reported. ZTE, Techno Mobile and Security Innovation Network (SINET) have obtained 25,000sqm plots each to establish their own ICT incubation centres, manufacturing plants and software development centres in the park. More than 12 local and international companies have taken office space in the park, according to Brehane. The village is expected to have a convention centre and a range of support facilities. Hosted companies involved in manufacturing and export will be provided with a 2-7 year income tax exemption, in line with their export proportion, Fortune learnt. The feasibility study and design of the park was undertaken by WiPro IT consulting.
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