The ICT village aimed to provide impetus for the development of ICT by offering a world class business environment and state-of the-art infrastructure inaugurated on June 7th, 2015.
The village, in which its first phase of construction has completed, lies in the Bole Lemi industrial area, in the eastern outskirts of Addis Ababa.
The village’s main functional zones include business, assembly and warehouse, commercial, administrative and knowledge park zones
Twenty companies, of which five are foreign-based, have so far applied to settle in the village that consumed two billion Birr.
The Ethiopian government has realized the potential of IT industry and has taken the initiative to establish EthioICT-Village to strengthening the local ICT industry and business sector in Ethiopia through attracting direct foreign investment, stimulating growth of the domestic ICT industry, creating an enabling environment for private sector initiatives, and promoting exports of ICT products and services.
Minister for Communication and IT,Dr. Debretsion Gebremichael said the construction of the village displays that the nation has developed the capacity to benefit from ICT.
The Minister said the village is part of the efforts being exerted to provide IT based services.
The village is aimed at creating favorable environment for companies and bringing them together to one place thereby create more jobs.
By establishing the village, Ethiopia aspires to become the premier IT hub in Africa.
The village is expected to provide impetus for the development of ICT by offering a world class business environment, state-of the-art infrastructure and a value proposition geared towards positioning Ethiopia as the preferred IT hub of Africa.
Source: ENA and ethioictvillage.gov.et