Ethiopia is seeking to modernise its construction sector by adopting technology. The country’s Ministry of Construction says it has embarked on a preparation plan to modernise Construction sector in Ethiopia in the GTP II period. and tackle the hurdles the sector faces and make the construction sector competitive.
These include limited capacity of contractors and consultants, use of outdated technologies, design problems and rent seeking behaviors.
BMI Research International had projected that Ethiopia’s construction sector will grow at an annual average growth of 11.6% and will be fuelled by a swell in infrastructure investments in the region.
Ethiopia has increased the speed of constructing the Renaissance dam aimed at bolstering its electricity production. Although opposed by Egypt, upon completion the dam is set to be the largest hydro dam in Africa.
Late last year, the Ethiopian Roads Authority began the construction of what it says will be a major expressway which, upon completion in five years, will help ease traffic for the next 21 years.
Ethiopia has been grappling with decades of dilapidated transport networks but has been working tirelessly to boost its infrastructure. In 2015, it launched the first rail network system.
With an annual economic growth of 10%, Ethiopia is emerging to be the fastest growing country in Africa.
