New Business

SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT, BANGALORE

Course: PRN:

EMBA 09020842010

Semester: Student Name:

IV – Finance Jayesh Dubey

Subject:

International Finance

Faculty Name:

Prof. P B Ramanujam

Assignment :

Business Opportunity in Corporate Farming in Ethiopia

Submission Date:

21st May 2011

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Table of contents

1. Country Profile

2. Government Industrial Development Strategy

3. Agriculture

4. Organization & Structure

5. Agro Processing Industry

6. Land

7. Labour

8. Transport Facilities

9. Financial Support & Loan System

10. Custom Duty Exemption

11. Income Tax Exemption & Loss Carry Forward System

12. Remittance of Funds and Investment Guarantee & Protection

13. Opportunity for Production Growth

14. Challenges & Development Constraints

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Country profile of Ethiopia in General

Population: Capital: Area: Agricultural land: GDP: GDP-growth: Origin GDP: GDP per head: Literacy: Inflation: Main exports: Export Destinations: Main Imports from: Currency: 80.4 million with Growth rate of 2.5% Addis Ababa, 4.5 million. 113 million ha, (1/3 size of India) 20% 11.8 USD billion 9% Agriculture 42%, Industry, 11% and services 47%. 350 USD Male 45%, Female 35% 12% Coffee, oilseeds, chat, pulses Djibouti (14%), Germany (12%), China (9%) Japan (8%) Saudi Arabia (27%), US (14%), China (8%); Italy (5%) Ethiopian Birr (ETB) ( 1 USD = 16.8 ETB)

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Regions of Ethiopia 1 2 3 4 5 6 7 8 9 10 11 Addis Ababa; Afar; (sugar and cotton) Amhara; Benishangul; (Palm oil) Dire Dawa; Gambela; (Palm oil) Harari; Oromia; Somali; SSNP; Tigray (sesame)

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Ethiopia’s politics takes place within the framework of a Federal parliamentary republic. Federal legislative power is vested in both the government and the two chambers of parliament. The Ethiopian People’s Revolutionary Democratic Front (EPRDF) is the main party in the government. Ethiopia has a good main road infrastructure, although with 21 to...