Investment areas reserved for joint investment with domestic and foreign investors in Ethiopia 

Any foreign investor can invest in the following investment areas only jointly with a domestic investor: 

• Freight forwarding and shipping agency services;
• Domestic air transport service; 
• Cross-country public transport service using buses with a seating capacity of more than 45 passengers,
• Urban mass transport service with large carrying capacity;
• Advertisement and promotion services
• Audiovisual services: motion picture and video recording, production and distribution, and
• Accounting and auditing services.
• A foreign investor jointly investing with a domestic investor in areas listed above shall not hold more than 49% of the share capital of the enterprise.