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The Addis Ababa City Corridor Project, also known as Smart City Project, [1] is an ongoing urban planning project in the city of Addis Ababa initiated by the Addis Ababa City Administration in December 2022 to upgrade key routes and improve connectivity among the corridors. Due in 2025, the project aims to expand metropolis that incorporates ...
The government budget is both a product of government administration and political democratization. [7] The emergence of the capitalist mode of production and the high level of development of the commodity economy led to an expansion of the state's financial resources and a massive increase in both revenue and expenditure.
The Ministry of Urban Development and Construction (Amharic: የከተማ ልማትና ኮንስትራክሽን ሚኒስቴር) is an Ethiopian government department responsible for urban development and construction works. It was established in October 2005 by Proclamation No. 471/2005.
The Ministry of Finance and Economic Development is an Ethiopian government department. It is responsible for general financial management and economic policy of Ethiopia , in addition to the allocation of economic assistance.
In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa
On 1 April 2013, Kenya's government announced the setting up of a government agency, the LAPSSET Corridor Development Authority (LCDA) to manage the project on behalf of the Kenyan government. The cost of the project was put at KSh.2.5 trillion/= (US$29.24 billion). [7]
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]
Sheger City (Amharic: ሸገር ከተማ, Oromo: Magaalaa Shaggar) is a proposed model of urban development established on 22 October 2022 that centers around the city Addis Ababa to provide influence and economic benefit for other satellite cities. The administration contains 12 sub-cities, 36 districts and 40 rural kebeles with its seat ...