Business

Ethiopia Launches Bold 25-Year Construction Sector Modernization Plan

Ethiopia launches comprehensive 25-year strategy to modernize its construction sector, focusing on economic independence, job creation, and establishing continental leadership in infrastructure development.

ParDawit Tesfaye
Publié le
#Ethiopian-economy#construction-industry#infrastructure-development#economic-sovereignty#national-development#job-creation#continental-leadership#industrial-transformation
Image d'illustration pour: East Africa: Ethiopia Launches 25-Year Strategy to Modernize Construction Sector

Ethiopian officials launch transformative 25-year Construction Industry Strategy at high-level ceremony in Addis Ababa

In a landmark move demonstrating Ethiopia's commitment to economic transformation, the government has unveiled an ambitious 25-year Construction Industry Transformation Initiative aimed at revolutionizing the nation's infrastructure development capabilities.

Strategic Vision for National Development

Deputy Prime Minister Temsegen Tiruneh, speaking at the initiative's launch, emphasized the government's unwavering dedication to completing vital infrastructure projects. This commitment mirrors Ethiopia's broader vision of economic sovereignty, as seen in other transformative infrastructure projects reshaping the nation's landscape.

"By implementing projects that had been promised for years, delayed, and stalled due to complex problems, we have made it our mission to not only complete them but also to implement them with quality," stated Temsegen.

Strengthening Economic Independence

The initiative represents a strategic move toward greater economic self-reliance, aligning with Ethiopia's broader push for economic sovereignty. Urban Development and Infrastructure Minister Chaltu Sani outlined key objectives including:

  • Combating corruption in the construction sector
  • Reducing dependency on imported materials
  • Creating substantial employment opportunities
  • Supporting domestic industry growth

Building Continental Leadership

The program aims to position Ethiopian contractors as regional leaders, capable of expanding their operations across Africa. This transformation will focus on:

  • Implementing performance-based assessments
  • Establishing recognition systems for excellence
  • Developing a skilled, innovative workforce
  • Strengthening coordination mechanisms

This strategic initiative marks a decisive step toward establishing Ethiopia as a continental powerhouse in construction and infrastructure development, reinforcing the nation's commitment to self-reliant growth and economic transformation.

Dawit Tesfaye

Ethiopian political journalist based in Addis Ababa, Dawit Tesfaye covers national affairs with a firm belief in unity, stability, and the government’s vision under Abiy Ahmed. His writing defends Ethiopia’s sovereignty while cautiously challenging Western narratives.