Market News | Buildexpo Ethiopia 2020

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ETHIOPIA 2020 - THE 100 MILLION MARKET

With an aim to become the most favourable investment destination, Ethiopia is currently undertaking massive infrastructural projects. A few of them are:


  • The 12000 KM long Addis light railway and Addis-Adama express which has been newly constructed.
  • Six major railway routes linking major areas with industry clusters are under construction.
  • USD 13 billion worth of road projects have already been sanctioned and many more in the pipeline for allotment
  • $4.8 billion hydroelectric dam project the Grand Ethiopian Renaissance Dam project is nearing it completion and is expected to increase the power generation capacity of the country by more than 6000 MW.
  • The Government of Ethiopia plans to reach 17000 MW in power generation capacity by 2020, in order to meet the 100% electrification target.  Solar, wind, geo-thermal as well as nuclear power plant options are being considered to promote clean energy.
  • The country's biggest contributor of foreign investment the Ethiopian Airlines which is also one of the fastest growing and largest aviation group in Africa, will add 37 destinations by 2020 and increase its fleet and cargo capacity by more than 40%.
  • The Government of Ethiopia has liberalized major state monopoly companies including Ethiopian Airlines, Ethio-Telecom, Ethiopian shipping Lines and Ethiopian Electric Power Corporation in order to open the sectors for foreign investors

These measures and more have been decided to ultimately help the Ethiopian economy grow and be competitive in the international market.

  • Ethiopia: We're open for business says mining minister

    Posted on :Thursday , 31st October 2019

    The mining sector in Ethiopia is on the brink of evolutionary growth and progress as the country’s first modern gold mine – KEFI Minerals’ Tulu Kapi moves into development in October.

    Ethiopian Mines and Petroleum minister HE. Dr SAMUEL URKATO says the country is looking to drive significant growth from its mining sector a. . .

  • USD 270 million Water supply project has begun its construction in Ethiopia

    Posted on :Friday , 25th October 2019

    The water supply project in Mekelle city, the capital of Tigray state, Ethiopia, has begun its construction works. Following the shortage of water supply in the city, the project is intended to mitigate the situation.

    The project namely ‘Mekelle Water Supply and Sanitation Project (WSSP)’ is undertaken by China Gezhouba Group(CGGC) with the support of. . .

  • Prime Minister Abiy Ahmed puts Ethiopia on the trade map as a top investment destination

    Posted on :Monday , 21st October 2019

    Mr. Abiy Ahmed Ali, Ethiopia’s young reformist Prime Minister, "for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighboring Eritrea." has been this year’s recipient of the Nobel Peace Prize.

    Prime Minister Abiy Ahmed is responsible for initiating important reforms in E. . .

  • USD 150 million luxury hotel construction in Addis Ababa

    Posted on :Monday , 21st October 2019

    Aviation Industry Corporation of China (AVIC), a multi-sector conglomerate started the construction of a 5-star hotel for USD 150 million in Addis Ababa, said by Ethiopian Airlines officials on Tuesday.

    This 5-star hotel in Addis Ababa is constructed for the Ethiopian Airlines.

    Asrat Begashaw, Head of Public Relations in Ethiopia Airlines said that the hotel is being constructed. . .

  • Ethiopia to construct 5 stadia in Addis Ababa

    Posted on :Wednesday , 11th September 2019

    Ethiopia plans to construct 5 stadia in Addis Ababa to add on the two existing ones – Yidnekachew Tessema and Abebe Bikila stadia.
    Out of the five, four are zonal stadia and will be constructed in the districts of Yeka, Nifas Silk Lafto, Bole and Gullele. The zonal stadia will cover an area of 40,000sqm, 70,000sqm and 110,000sqm respectively and each of the have a carrying c. . .

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