Duty-Free Scheme for Boats Launched

Date Published: 25/09/2025
Category Business

Ethiopia introduced a duty-free scheme for motorized boat imports to boost water-based tourism. State Minister of Tourism Seleshi Girma said the policy aimed to create jobs, encourage entrepreneurship, and diversify the sector. The initiative complemented infrastructure upgrades and skills programs, attracting local and foreign investment. Authorities planned new marinas and safety facilities while promoting sustainable practices to balance growth with environmental protection.

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