Wednesday, 25 February 2015 09:54

Labour Market

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TRAINABLE LABOUR

• Ethiopia has a young, trainable and disciplined labour force.

• Private universities and colleges flourishing in Addis Ababa and regional cities.

• Over 30,000 university graduates per year, including business, management, economics, accounting, law and engineering graduates.

• Ample opportunity to meet the demand of skilled manpower in the technical and vocational field due to the expansion of Technical and Vocational Education and Training (TVET) college.

• Average private sector wage £30 per month, with graduate salaries at between £43 and £55 per month.

• Expatriate employees permitted in senior positions, with prior consent from the Ethiopian Investment Commission (where employer is sole or major owner or shareholder of enterprise). Expatriate experts are also permitted, as long as the investor trains their replacement within a designated time period.

• Good standards of spoken and written English.

 

STRONG MARKET WITH EXCELLENT MARKET ACCESS

• Strong internal market with a population of 80 million which is the second largest in Sub-Saharan Africa.

• The large and fast-growing domestic market offers good prospects for investment in and the

development of consumer good industries such as food, beverages, tobacco, plastic products, soap and detergents, glass and ceramics, chemical and chemical products, drugs and pharmaceuticals, paper and paper products as well as electrical and electronic products.

• Located in the ‘Horn of Africa’ at the crossroads between Africa, the Middle East and Asia, Ethiopia offers a strategic market access.

• Membership of the Common Market for Eastern and Southern Africa (COMESA) embracing 23 countries with a population of more than 420 million. Ethiopia enjoys the benefits of preferential tariff rates on exports to these countries.

• Ethiopia is an ACP member (African, Caribbean and Pacific Group) and accession to the WTO is under negotiation.

• Ethiopia also enjoys Duty Free and Quota Free (DFQF) privilege extended by, among others, USA – Africa Growth and Opportunity ACT (AGOA), EU – Everything But Arms (EBA), China – ‘0 Tariff ’ privilege and India - DFQF.

• Investors engaged in the export sector of Ethiopia will have competitive edge in these markets.

Read 2750 times Last modified on Wednesday, 23 November 2016 11:30

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