Ethiopia Exempts Import Duties on Motor-Powered Boats to Boost Lake Tourism

Addis Ababa, September 13, 2025 (ENA) -- The government of Ethiopia issued a directive allowing businesses to import various types of motor-powered boats for one year, free of all customs duties and taxes, to boost the country’s tourism destinations across its lakes, according to the Ministry of Finance.  

Ethiopia boasts a diverse array of natural resources, wildlife, avian species, and historical and cultural sites that attract tourists. The ministry mentioned efforts being carried out by the government to effectively develop and promote these tourist attractions to ensure their contribution to the nation's economic advancement.

The country has over 20 major lakes in various parts of the country. These lakes, which are divided into Rift Valley, volcanic, and mountainous categories, have the potential to attract both local and international visitors. With proper development and promotion, these lakes could become new tourist attractions, generating revenue for Ethiopia and helping the country become a leading global travel destination. This would also improve the livelihoods of local communities and increase the nation's foreign currency earnings.

Considering the tourism development significance of these lakes, the Ministry of Finance has issued a directive allowing businesses to import various types of motor-powered boats for one year, free of all customs duties and taxes.

The types of motorboats, which are believed to be suitable for the country’s lakes and could be imported into the country without paying duty and tax, include outboard motor boats, speedboats, tourist excursion boats, ferries, research boats, private motor boats, eco boats, and pontoon boats.

The Ministry finally encouraged the business community to take advantage of this one-year opportunity by importing motorboats duty-free and tax-free.