Ethiopia Infrastructure Report - Business Monitor International - Industry Reports

Ethiopia Infrastructure Report

Ethiopia Infrastructure Report - Business Monitor International - Industry Reports
Ethiopia Infrastructure Report
Published Aug 06, 2016
37 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

This quarter we maintain our forecast for construction industry expansion of --.- in real terms in ---- as the government continues to invest heavily in infrastructure development. Ethiopia is now in the second phase of its medium-term strategic framework - the Growth and Transform Plan (GTP) from ---- to ---- - following impressive results recorded during the first phase between ---------. ...The key drivers will continue to be manufacturing, transport integration and hotel investment, buoyed by the expansion in airport infrastructure across the country, as well as efforts to harness its hydropower and renewable energy potential. A key plan in the pipeline - which will be a significant area of opportunity - is the Addis Ababa and the Surrounding Oromia Special Zone Integrated Development Plan, which includes the development of highways, roads, parking lots, market areas, and an airport. Crucially, it is part of the government s plan to capitalise on its manufacturing capabilities and retain Chinese investment. ...Crucially, it is part of the government s plan to capitalise on its manufacturing capabilities and retain Chinese investment. The Ministry of Construction has also confirmed its desire to overcome major bottlenecks to project realisation, including the limited capacity of contractors and consultants, the use of outdated technologies, design problems and rent-seeking behaviours.

...While this picture is positive, there is the likelihood of increased social unrest in the country as local farmers are forced from their land with poor compensation in order for the government to pursue infrastructure projects and expand the capital further across the Oromia Regional State. Our Country Risk team highlights that the subsistence nature of the economy means an increasing number of citizens will be unable to produce food for their families after being displaced. ...Our Country Risk team highlights that the subsistence nature of the economy means an increasing number of citizens will be unable to produce food for their families after being displaced. Unrest will also be driven owing to the failure of the government to prioritise the building of low-cost housing units for the low and middle income segments of society, despite this being outlined in GTP I - which gives weight to our decision to exclude social housing aims from our forecast as a driver of growth in the construction industry. At end----- protests related to these issues erupted outside the capital and spread across -- towns. Citizens voiced their opposition to the expansion of the capital, relocation of local communities and the displacement of farmers, arguing that building developers were being favoured by local governments. The protests were swiftly met with armed police action.

...We --.- real growth over ---- as investments flows into the transport and energy sectors as well as towards non-residential building. Over the next five years Ethiopia will remain the second-fastest growing market globally, behind Myanmar. ...

  
Source:
Document ID
2057-2131
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Ethiopia Infrastructure Report" Aug 06, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Ethiopia-Infrastructure-Report-2026-1587>
  
APA:
Business Monitor International - Industry Reports. (2016). Ethiopia Infrastructure Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Ethiopia-Infrastructure-Report-2026-1587>
  
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