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Energy and infrastructure sectors cover the larger construction activities in Ethiopia, responsible for providing cost-effective homes for benefit of low-income households, and increased the country's GDP to 9.5%. This segment employs 1.8 million workers, which makes the second largest sector in Ethiopia. [1] Unfinished building in 2012
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
Name Parent company Year established/operation Ref Derba MIDROC Cement: MIDROC: 2012 [1]Habesha Cement: Habesha Cement S.C. 2008 [2]Lemi National Cement Factory
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [26] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies. [27] [28]
to formulate and implement policies, strategies, plans and programs that promotes urban development and construction activities. to provide technical and capacity building support to regional and municipality and other stakeholders in the sector. to coordinate and monitor urban developmental activities, projects and programs at the federal level.
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
The Ministry of Trade and Industry was established in August 1995 with the Proclamation No.4/1995 for assignation of powers to the executive organs of the Federal Democratic Republic of Ethiopia. It was reorganized by with proclamation No 619/2003 to amend the Proclamation No 256/2001 structure, with the ministry has power to oversee five ...
As of 2022, Addis Ababa generates 29% of Ethiopia's urban GDP and 20% of national urban development. Over the last two decades, the city saw rapid socioeconomic changes and physical transformation marked by development-oriented government and the private sector. However, the city has experienced infrastructure, transport, services, youth ...