The Ethiopian government has recently tackled a critical and longstanding issue that has hindered progress in the floriculture subsector. The long-awaited title deed requests from leading flower exporters, including Shere Ethiopia, AQ Rose, Herberg Rose, and Zeway Rose, have finally been resolved. This development, along with the strategic allocation of land for new investors and the approval of additional land requests for expanding existing farms in the Welkita and Wolaita- Soda horticulture export development clusters, signals an exciting turning point for this vibrant industry. It is not just a measure; it is a decisive, high stakes move that marks a thrilling turning point for Ethiopia’s vibrant floral empire.
However, the landscape of the floriculture industry has shifted significantly since the introduction of these measures. Factors such as the transition to a performance-based duty-free incentive scheme, the opening up of trading regulations for foreigners that were previously restricted only to domestic investors, the move from fixed to a floating foreign exchange, the introduction of rural land administrative use as well as seed Proclamation, the introduction of regional new tariff for irrigation water, the gradual modification of urban master plan and land lease rates and the global rising of jet fuel as well as price of imported agro chemicals, raw materials and planting materials and the accompanied rise of cost of living have created a new operational environment for both established flower farm operators and new entrants.
Click here to read more
No Comment Found.