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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
Ethiopia with its quickly increasing electricity demand of over 30% requires new power plants, immediately. [1] But at the same time, the construction of new power plants is incredibly slow, in 2015 only 3.9% of the energy target (energy from new power plants) had been achieved for the timeframe from 2010 to 2015 due to lack of public financing ...
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]
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]
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
Wegagen Bank Design and supervision by ETG Designers and Consultants. ETG designed and supervised the headquarters for Wegagen Bank. [2] The project integrated Green Building Concepts and Technologies and was finalized within six years with a budget of almost 1 billion Ethiopian Birr (ETB).