CONSTRUCTION PORTFOLIO OF EVENTS

WHY ETHIOPIA?

Ethiopia has succeeded in becoming one of the world’s fastest growing economies. With an average 9.9% real GDP growth between 2008 and 2018, it is the fastest growing economy in sub-Saharan Africa (SSA) and in the world.

As a result of this growth, construction is booming in Ethiopia, presenting huge opportunities for international construction-related manufacturers and suppliers.

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Africa’s second most
populous country with
a population of
107 million people

Construction
activities account
for 71.4% of the
industries sector

38 projects were
under construction,
valued at US$19.1bn

Ethiopia had the 3rd largest number of construction projects underway in Africa


(Source: Deloitte, 2018. Africa Construction Trends)

MEGA PROJECTS IN ETHIOPIA

La Gare Project

Joint venture (JV) between Eagle Hills Ethiopia and The City Government of Addis Ababa for a 36ha mixed-used development

- Estimated Cost: $2 billion

The Airport City

Expected to occupy 35sqkm of land and will
be the largest airport in Africa

- Estimated Cost: $5 billion

Jimma Road Project

Road construction project in Jimma, Oromia region of the country

- Estimated cost: $65 million

Adwa Center

A leisure complex in the heart of the city

-Estimated cost: $369 million