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Construction industry has been the second largest economic sector in Ethiopia with annual growth of 11.6%. Infrastructures and buildings of residential or non-residential are regularly constructed with government intervention in policy to encourage sustainable growth, and foreign direct investment from Chinese and European investors.
to regulate and supervise the industry and quality assurance. to allow participation from civil society or private sectors. to enhance urban and construction model by conducting periodical research and studies. Chaltu Sani is the current minister as urban and infrastructure since 2021. [4]
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
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
The Association of Ethiopian Architects (AEA) is a professional organization for architects in Ethiopia. Headquartered in Addis Abeba, the AEA's aim is to promote the advancement of architecture in the country, facilitate training and research and work on a holistic enhancement of related cultures and traditions.
The construction industry contributes significantly to many countries' gross domestic products . Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecasted to rise to around ...
The organization included nine industrial groups, the largest of which was manufacturing, which had accounted for 29.2 percent of the membership in 1982/83, followed by agriculture, forestry, and fishing with 26.6 percent, services with 15.1 percent, transportation with 8.1 percent, construction with 8.0 percent, trade with 6.2 percent ...
Sustainable construction aims to reduce the negative health and environmental impacts caused by the construction process and by the operation and use of buildings and the built environment. [1] It can be seen as the construction industry's contribution to more sustainable development. Precise definitions vary from place to place, and are ...