o Renting a farming land is possible from government and/or individual
farmer up to 50 and 20 years respectively.
|
| 1
2
3
|
• Livestock development •Vegetables,
crops and fruits development •Using irrigation and special
technology
- Livestock Development
- Crop Development
- Horticulture
- Fruits
• Natural resources development |
30
40
50
|
| o Based on the type of projects
and investment capital a grace period of 1-7 years is provided.
o 5-45 % lease price discount is awarded for real estate developers
|
1
2
3
4
5
6
7
8
9
|
G+2
G+3
G+4
G+5
G+6
G+7
G+8
G+9
G+10
|
G+1
G+2
G+3
G+4
G+5
G+6
G+7
G+8
G+9
|
7
10
15
20
25
30
35
40
45
|
5
7
10
15
20
25
30
35
40
|
o The newly amended urban land lease regulation has elongated the
lease term (duration) for trade, industry, social service, real-estate
developers and for others as follows. |
| In the last 10 years improving the infrastructural
basis of the region has been the main pre occupation of the regional
as well as the federal governments. Following is brief review of
the regions infrastructure development.
- Up grading of the existing main road, that connects Tigrai with
the port of Djibouti, Addis Ababa and other regions, is under
way.
- The construction of 830 Kms rural road is completed.
- The construction of two international standard airports in
Mekelle and Aksum.
- The establishment of industrial zones at four major towns of
the region.namly Mekelle, Adigrat, Adwa and Axum. The following
table shows the annual lease price per square meter for the above
Townes
|