Ethiopia Construction Market Report
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The Ethiopia Construction Market Report is ConstructAfrica's independent construction market assessment, covering the infrastructure and construction industry sectors of Ethiopia.
Report Description :
The Ethiopian economy has an impressive track record, and has been described by the International Monetary Fund (IMF) as one of the top 10 fastest growing economies in the world.
The country’s rapid economic growth has been guided by the government’s Growth and Transformation Policy (GTP) and the Homegrown Economic Reform agenda which aims to liberalise the Ethiopian economy through strategic public-private partnerships in key sectors. In particular, the realization of the development goals set out in the government of Ethiopia’s Growth and Transformation Plan (GTP) depends to a large extent on the existence of a reliable and competitive local construction industry that could deliver quality services. The government has therefore consistently allocated a huge budget to the industry, and massive road, railway, airport, irrigation and energy generating dam projects are being executed.
The country has also invested more than 30% of GDP into Gross Fixed Capital Formation (GFCF) expenditure since 2010, making it one of the top economies globally in terms of capital formation spend as a share of economic activity. The market value of the construction sector is currently estimated at more than US$7bn. The construction sector is therefore a key driver of the country’s economic growth, playing a pivotal role in satisfying the Ethiopian public's ever-increasing demand for house, transport, utilities and physical infrastructures.
ConstructAfrica’s Ethiopia Construction Market Report details the state of the construction industry in Ethiopia. Included in 36 pages is a comprehensive look at the industry, including opportunities in various sectors, as well as full details and contact information for key players in the local industry.
Key Features of the Report
- Describes the size and structure of the industry and assesses the competitive landscape and key challenges to entering the market.
- Gives an independent assessment of the current situation of the market, and illustrates possible strategies and potential market positions of your competitors and partners.
- Identifies influencing factors and Ethiopia specific issues, major infrastructure deficit, main government infrastructure programmes and private sector investment opportunities.